317 Queen Street
Hamilton, ON
- 6 bed
- 3 bath
- approx. 2000-2500 sqft
- Multiplex
- 57 days on market
Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton's most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street's vibrant shops, cafés and restaurants, and minutes from St. Joseph's Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton's most established rental markets.
Listing Details
- Taxes (2026)
- $6,961
- Listed
- July 14, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Accessory Apartment, Separate Hydro Meter, Water Heater
- Lot Size
- 25 x 130 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Homewood Ave/Queen St S
- Parcel Number
- 171350076
- Possession
- Flexible
- Occupancy
- Partial
Included
- Inclusions
- 3 refrigerators, 3 stoves, 1 coin-operated clothes washer, 1 coin-operated clothes dryer and all existing electric light fixtures.
- Exclusions
- Tenant's belongings.
- Rental Items
- Hot water tank (rental). Buyer to assume rental contract.
Schools
Elementary
- Kanétskare Elementary School Middle School0.4 km
Public · Hamilton-Wentworth DSB · 395 students
Grade 6 math: 46% met the provincial standard
- St. Joseph Catholic Elementary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Central Junior Public School0.8 km
Public · Hamilton-Wentworth DSB · 320 students
Grade 3 reading: 41% met the provincial standard
Secondary
- Turning Point Alternative Education School1.3 km
Public · Hamilton-Wentworth DSB · 100 students
- St. Charles Catholic Adult Secondary School1.5 km
Catholic · Hamilton-Wentworth CDSB · 345 students
- System Alternative Education Sir Isaac Brock Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 65 students
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 L8P
- Population
- 24,773
- Private dwellings
- 14,969
- Median age
- 38.8
- Average household size
- 1.8
- Median household income
- $58,000
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
Residential Freehold in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 4,954
- Median days on market
- 28
- Sale-to-list price
- 97.1%
Based on 4,954 recorded sales of residential freehold properties in Hamilton over the last 12 months.
Rooms
3-piece on Basement, 4-piece on Main, 4-piece on Second
Third
- Bedroom11'8" x 19'8"
- Primary Bedroom12'8" x 16'10"
Second
- Bedroom12' x 12'5"
- Dining Room10'2" x 10'2"
- Kitchen10'2" x 13'5"
- Living Room18'4" x 11'
Main
- Bedroom9' x 13'11"
- Kitchen9' x 13'11"
- Living Room13'5" x 13'
- Primary Bedroom12' x 14'11"
Basement
- Kitchen7'6" x 11'2"
- Living Room16'7" x 12'6"
- Primary Bedroom16'7" x 9'9"
Listed by
RIGHT AT HOME REALTY
Walk Score
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Location
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Mortgage Calculator
$175,000
Estimated Monthly Payment
$4,299
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,299/mo (20% down, 5.5%)
Taxes: $580/mo · Insurance: $219/mo
Estimates only. Consult a financial advisor.
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