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For saleMLS® X13228014

105 Cheever Street, Hamilton, ON L8L 5R8

Industrial Sector · L8L 5R8

$399,000

$266 / sq ft

5 months on market

Bedrooms
5
Bathrooms
2
Interior
1,500 sf
Parking
1
Lot
20 × 60 ft

What's special

  • 1 parking space
  • Central air
  • Finished basement

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About this property

Welcome to this fully tenanted 2.5-storey semi-detached duplex in a convenient Hamilton location, offering excellent value at an accessible price point. With two self-contained units already in place, this property presents a strong opportunity for buyers looking to enter the investment market, offset future carrying costs, or secure a multi-unit property with built-in rental income. Unit 1 is located on the main floor, features 2 bedrooms, and is currently rented for $1,525 per month, with access from Burton Street as well as a convenient side entrance from the rear driveway. Unit 2 is accessed from Burton Street and spans the upper levels, offering its own laundry, second-floor living space, and a third-floor/attic area with 1 bedroom on the main upper level and 2 additional bedrooms above, currently rented for $1,799 per month. Together, the property generates a Net Operating Income of approximately $30,969 annually, making it a compelling option for buyers seeking affordability, income support, and long-term upside. The unfinished basement provides useful storage and future potential. Ideally located near Hamilton General Hospital, parks, the library, restaurants, transit, and everyday amenities, this property offers strong value in a central Hamilton neighbourhood.

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
2
Interior size
1,500 sq ft
Lot size
20 × 60 ft
Possession
Flexible

Interior

Basement
Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Brick
Parking spaces
1
Sewer
Sewer

Costs

List price
$399,000
Property taxes
$3,924 / year (2026)
Price per sq ft
$266
Rental items
Hot Water Heater

Listing

MLS® number
X13228014
Status
For sale
Listed
June 2, 2026
Days on market
156
Last updated
September 5, 2026
Listing brokerage
REAL BROKER ONTARIO LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 1% of comparable multiplex listings in Hamilton are asking less.

$567KMedian $799K$1.66M
This home
$266 / sq ft
Comparable median
$400 / sq ft

Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,950
$19,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,095.83
Property tax (est.)
$327.02
Estimated monthly
$2,423

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$4,460
Total due on closing
$4,460

An estimate on the asking price of $399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REAL BROKER ONTARIO LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$399,000

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