507 WILSON Street
Hamilton, Ontario
Single Family
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units – All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience!
Price History
Schools
Elementary
- Cathy Wever Elementary Public School0.3 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard
- St. Patrick Catholic Elementary School0.7 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St. Ann (Hamilton) Catholic Elementary School1 km
Catholic · Hamilton-Wentworth CDSB · 375 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- Cathedral High School0.7 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School1 km
Public · Hamilton-Wentworth DSB · 65 students
- Bernie Custis Secondary School Secondary School1.6 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 5,010
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,010 recorded sales of single family properties in Hamilton over the last 12 months.
Walk Score
Walk
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Scores by Walk Score®
Location
Mortgage Calculator
$159,980
Estimated Monthly Payment
$3,930
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,930/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.