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216 WALTER Avenue S
Hamilton Ontario L8K3L4 Canada

$649,900

Active Listing ID 40809812
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3 bed
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2,688 square feet
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3.00 Bath
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Multi-family

$649,900

Active Listing ID 40809812
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216 WALTER Avenue S Fully Vacant Triplex-Style Investment with Projected $72K Income + 40×20 Shop. Originally built as a legal duplex and currently configured with three self-contained units (non-legal third unit), this fully vacant property allows buyers to set market rents from day one. Main floor features a bright 2-bedroom, 1-bath unit. Second floor offers an updated 1-bedroom, 1-bath unit with 2020 kitchen. Lower level includes a bachelor-style suite with egress windows (2020) with easy potential to create a separate bedroom. Extensive updates provide peace of mind: all new flooring (2026), freshly painted throughout (2026), furnace (2025), electrical updated (2019), 2nd floor & lower kitchen (2020) and exterior painted (2023). Situated on a fully fenced corner lot with triple-wide driveway, the standout 40x20 detached shop has its own driveway and entrance; ideal for workshop, home-based business, garage with loft potential, or possible future ADU conversion. Flexible layout supports multi-generational living, strong investment returns, or potential reconfiguration to single-family use. Close to schools, parks, transit with direct bus access to McMaster University, and quick highway access and walk to shopping. Income potential. Flexibility. Future upside. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick, Stone, Vinyl siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 3/6/2026 10:35:41 PM GMT
Source Updated Date: 3/7/2026 8:13:52 AM GMT

Courtesy of: Rob Golfi, Salesperson, RE/MAX Escarpment Golfi Realty Inc.