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Hamza Nouman, REALTOR®
7 West 1st Street — property photo
1 / 42 — Click to enlarge
6.1

7 West 1st Street, Hamilton

Hamilton

$539,800

Detached3 bed / 2 bath2 DOM~900 sqft
New ListingLegal Suite

Cash flow, cap rate & mortgage breakdown

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Listed by KELLER WILLIAMS COMPLETE REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

3

Bathrooms

2

Days on Market

2

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Legal Suite (+$1,400/mo)

Rent Estimate

Main unit (2 bed)$2,100/mo
Legal suite (1 bed)$1,400/mo
Total Est. Rent$3,500/mo

Estimated from market price-to-rent ratios

Remarks

Welcome to this charming, well-maintained home offering comfort, flexibility and excellent investment potential! Ideally situated just one street from Upper James and minutes to Mohawk College, this property is perfect for families, students or investors with convenient access to shopping, restaurants, St. Joseph's Healthcare Hamilton, and the scenic Niagara Escarpment Brow Trails. The bright upper level features 2 bedrooms, a 4-piece bathroom, a functional kitchen with a gas stove and a comfortable living room. A versatile main floor office provides the perfect work-from-home space while the inviting 3-season sunroom is ideal for relaxing or entertaining. Outside, enjoy a large, fully fenced backyard with mature trees that provide privacy and plenty of room to unwind. The basement features a separate walk-up entrance, 1 bedroom, a 2-piece bathroom, laundry area, spacious rec room and outstanding in-law potential - simply add a kitchenette to complete the space. Freshly painted and move-in ready, this home is an excellent opportunity for families with students attending Mohawk College or buyers looking to offset their living expenses. Live off-campus while renting rooms to friends, then sell after graduation for a smart and flexible investment. Bonus: An exterior-access workshop provides additional storage or hobby space.

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