I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Hamilton · Durand

188-190 Caroline Street S

Fourplex

MLS® #X13828766

Listed for$1,199,0001 day on market
7 bed 5 bath 4 parking 3000-3500 sq ft~$369/sq ft
  • New this week
  • 9 schools within 1 km
  • Transit stop ~280 m
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Is $1,199,000 a fair price?

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Est. all-in monthly~$6,228/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

9 schools within ~1 km · nearest transit stop ~0.28 km

Property information
What house buyers ask first
Lot size
39 × 95 ft
Square footage
3000-3500 sq ft
Age
~100+ years old
Property tax
$7,785 / yr
Parking
4 spaces · None
Basement
None

Property summary

Property type
Fourplex
Style
2-Storey
Approx. age
100+ years
Lot size
39 × 95 ft
Parking
4 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
None
Kitchens
4
Exterior
Brick
Property tax
$7,785 / yr
MLS®
X13828766

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Property tax
$7,785/yr
Est. all-in
~$6,228/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Ryerson Middle SchoolPublic · Elementary & Secondary · Hamilton-Wentworth DSB0.3 km
  • Central Junior Public SchoolPublic · Elementary · Hamilton-Wentworth DSB0.3 km
  • Metropolitan CollegePrivate · Secondary · ..0.6 km
  • James Street Alternative EducationPublic · Secondary · Hamilton-Wentworth DSB0.6 km
  • Turning Point Alternative Education SchoolPublic · Secondary · Hamilton-Wentworth DSB0.7 km
  • Lyonsgate Montessori SchoolPrivate · Elementary & Secondary · ..0.7 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • QUEEN at CHARLTONNearest transit · Bus stop~280 m
  • Hamilton GO CentreNearest GO / rail · GO / regional rail~750 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Hamilton
$648KMedian sold
39Median days on market
97%Sale-to-list
Median sold price · Hamilton1-yr -10% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Hamilton
569,353Population (2021)
40.8Median age
$86,000Median household income
65.7%Home owners
34.3%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

6% cap rate. $91,650 in annual rent from four leased units in Hamilton's popular Durand Neighbourhood. You get a legal 4-plex built, fully tenanted, producing $71,970 in net operating income. All four tenants pay their own hydro, so your utility exposure stays small and easy to predict. The expensive work is already behind you. Parapet walls and chimney have been re-built, and the water line has been upgraded to 3/4" copper. 4 card parking sits at the rear. The unit mix protects your income: one 3 bedroom, one 2 bedroom, two 1 bedrooms. Four separate tenancies means no single vacancy takes out your cash flow. Each unit has kept its own character, which is what holds good tenants in place. Walk to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, transit, parks and schools. Durand is one of the tightest rental pockets in the city, on a quiet tree-lined street. Two of the four rents are under market so there's upside for the future in the numbers. Book your showing this week.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by REAL BROKER ONTARIO LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.