550 James Street N, Hamilton, Ontario L8L 1J5

Listed for:
$749,900
6 beds
3 baths
Listed 17 days ago
House for rent: 550 James Street N, Hamilton, Ontario L8L 1J5

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About

North on James, property is on the right Your dream duplex awaits—a home that can help pay for itself. Ideally located in Hamilton's desirable North End, just steps from Bayfront Park, West Harbour GO, and trendy James Street North restaurants, cafés and galleries. Whether you're an investor, owner-occupier seeking rental income, a multi-generational family, or someone looking to explore future development opportunities, this property checks all the boxes. Thoughtfully renovated from top to bottom, this legal duplex is currently generating $4700/mth in gross rental income. The main floor unit was previously operated as a successful short-term rental/Air B&B. It offers two spacious bedrooms, abundant storage, updated laundry facilities, an entertainer's kitchen, a cozy living room with a fireplace, and a stunning spa-inspired bathroom. Outside, you'll find an expansive backyard complete with a large deck and newer hot tub, all meticulously maintained. The upper unit features three bedrooms and, including a primary bedroom with oversized built-in closet organizers, a generous living room with a gas fireplace and custom built-ins, an updated eat-in kitchen with access to a charming balcony, and a bright open-concept attic loft ideal for a bedroom, home office, studio or cozy sitting area. The high-and-dry basement is the perfect space for a home gym, studio, recreation room or additional living space and benefits from having a separate entrance. Parking will never be an issue for your tenants and guests with ample free street parking on both sides of the street as well as the adjacent side streets. Updates: 2021- main floor custom closets, nest thermostat, new roof, new shed roof, new skylights, 2nd floor engineered hardwood, locking back gate, gas fireplace upper unit, electric fireplace lower unit living room. 2022- new sliding doors upper balcony/lower living room, fire alarm system. 2023- keyless front door lock, 2024–basement partially finished. 2026-lower unit engineered hardwood. (id:27476)

Property Highlights

MLS® Number
40838339
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Building Type
House
Storeys
2.50
Square Footage
3273 sqft
Bathrooms Total
3
Bedrooms Above Ground
5
Bedrooms Total
6
Amenities
Beach, Marina, Park, Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Second level
Measurements not available
Bedroom
Second level
12'5'' x 6'11''
Bedroom
Second level
13'3'' x 11'8''
Kitchen
Second level
14'8'' x 12'6''
Living room
Second level
14'4'' x 12'6''
Bedroom
Third level
43'9'' x 16'8''
Sitting room
Basement
43'0'' x 16'8''
2pc Bathroom
Basement
Measurements not available
Bedroom
Basement
15'1'' x 13'7''
Living room
Main level
13'8'' x 11'0''
3pc Bathroom
Main level
Measurements not available
Eat in kitchen
Main level
15'8'' x 11'7''
Bedroom
Main level
10'3'' x 13'3''
Primary Bedroom
Main level
11'7'' x 13'3''

Location

Learn more about this property
Listing provided by:
RE/MAX Escarpment Golfi Realty Inc.
MLS® number:
40838339
Agent:
Rob Golfi
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Street Spotlight - For sale