205 PROSPECT STREET S — Hamilton (Blakeley), Ontario

$674,999
Beds:3Baths:3Type:Multi-UnitPostal:L8M2Z6
205 PROSPECT STREET S — Hamilton (Blakeley), Ontario - Photo 1 of 37
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Property Description

Discover the perfect blend of comfort, style, and smart investment at 205 Prospect Street South, located just steps from vibrant Gage Park and the trendy shops, cafes, and amenities Hamilton's south end has to offer. This versatile, cash-flow-positive duplex is ideal for first-time buyers, or investors looking for a turnkey property. The main floor is currently rented for $1,845/month, while the upper two floors will be vacant as of January 2026 - move in and let your tenant help cover most of your mortgage! 2 self-contained units, each with its own kitchen and laundry City-approved driveway with parking for both tenants + ample street parking Shared backyard perfect for relaxing or entertaining. 200 Amps Service with 2 Separate hydro meters and 2 hot water tanks for easy tenant management Upgraded throughout - worry-free and move-in ready! 2021: New basement flooring New appliances (washer, dryer, stove, fridge, range hood, microwave) in lower unit New gas range and range hood in upper unit 2022: New furnace & A/C professionally installed by Archie Horn & Son (regular service with Shipton's) New flagstone-style driveway & front landscaping New eavestroughs New washer/dryer in upper unit With its great location, modern upgrades, and strong rental income, this home offers both comfort and long-term financial stability. Whether you're an owner-occupier seeking help with the mortgage or an investor looking for a low-maintenance, income-generating property, 205 Prospect St S is the perfect fit (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
3
Bathrooms
3
Half Baths
1
Stories
3.0
Status
Active

Location & Neighborhood

Explore what's nearby 205 PROSPECT STREET S

Nearby Schools

(3)
  • École élémentaire catholique Notre-Dame

    School
    0.3 km
  • Adelaide Hoodless Public School

    School
    0.3 km
  • St. Charles Adult & Continuing Education Centre - Downtown East Campus

    School
    0.5 km

School information provided for reference. Visit official school board websites for details.

Parks & Recreation

(3)
  • Cumberland Tot-Lot

    Park
    0.5 km
  • Gage Park

    Park
    0.6 km
  • Mountain Drive Park

    Park
    0.7 km

Transit Access

(5)Transit Info
5 Stops
  • Main opposite Melrose

    2709
    0.3 km
  • Main at Sherman

    2708
    0.6 km
  • King at Melrose

    2740
    0.7 km
  • CONCESSION at MOUNTAIN PARK

    2078
    0.7 km
  • CONCESSION at EAST 36TH

    2078
    0.8 km

Local Amenities

(2)
2 dining

dining

  • Big Top Family Resturant
    0.6 km
  • Rooney's
    0.7 km
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$674,999