About 220 Caroline Street S
Incredible investment opportunity in the heart of Hamilton's desirable Durand neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management—making this a turnkey opportunity for investors seeking value and steady income.
Features of 220 Caroline Street S
| MLS® # | 40751960 |
|---|---|
| Price | $1,499,000 |
| Bedrooms | 11 |
| Bathrooms | 8.00 |
| Square Footage | 3,142 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Multi-4 Unit |
| Status | Active |
Community Information
| Address | 220 Caroline Street S |
|---|---|
| Area | 12 - Hamilton West |
| Subdivision | 122 - Durand North |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8P 3L4 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Finished |
Exterior
| Lot Description | City Lot, Hospital, Library, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, Schools |
|---|---|
| Roof | Asphalt Shing |
| Construction | Brick |
Additional Information
| Date Last Updated | October 29th, 2025 |
|---|---|
| Zoning | DE-3 |
Listing Details
| Office | Keller Williams Complete Realty |
|---|
