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147 Holton Avenue S, Hamilton, ON L8M 2L6

7 beds · 4 baths · 4 kitchens · 15 rooms · 2 parking spaces · 2500-3000 sq ft · Triplex
$899,000
Property tax
$3,196 / year

A legal triplex comprising three self contained units with separate hydro meters. Property is ready for rental income. Main floor - spacious living room, 2 bedrooms, eat-in kitchen, 3 pc bathroom Second floor - 2 bedrooms, spacious living room, eat-in kitchen, 3 pc bathroom Third floor - 1 bedroom, living room, eat in kitchen, 3 pc bathroom Lower - 2 bedroom, 3 pc bathroom, kitchen, living room, laundry Well proportioned and functional layouts in a neighbourhood investors consistently seek out. A quiet, tree-lined street within walking distance to schools, parks, and transit, with strong rental demand to match. Private driveway, shared on-site laundry, and a generous backyard add to tenant appeal. Potential to explore conversion to a fourplex (buyer to verify with municipality).A versatile multi-unit property. Ideal for investors who want to live in one unit and rent the others or hold as a straight income property. A rare investment opportunity and must see!

MLS number
X13075884
Type
Triplex
Status
Active
Bedrooms
7
Bathrooms
4
Postal code
L8M 2L6
Photos
16
132days · this listing
132days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Adelaide Hoodless Public School
Hamilton-Wentworth DSB
Elementary508 m6.7 / 10
67% met the standard
ÉÉC Notre-Dame
CS catholique MonAvenir
Elementary821 m5.5 / 10
55% met the standard
Sacred Heart of Jesus Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary857 m5.1 / 10
51% met the standard
Cathy Wever Elementary Public School
Hamilton-Wentworth DSB
Elementary1.1 km5.1 / 10
51% met the standard
St. Ann (Hamilton) Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary1.1 km7.0 / 10
70% met the standard
Prince of Wales Elementary Public School
Hamilton-Wentworth DSB
Elementary1.0 km6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 498 people.

$74,000Median household income
54.5%Own their home
34.1%Detached houses
40Median age
24.2%Born outside Canada
37.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250724 — the few blocks around this address, home to 498 people. It describes the area, not this property.

498Population
41.4Average age
2.2Household size
$101,000Average household income
$74,000Median household income
55%Own their home
46%Rent
0%Condominiums
24%Born outside Canada
38%University degree
$820,000Average home value
11%Low income
44%Not in the labour force
39%Never married
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9992%
$30,000 to $34,9995%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over27%
$100,000 to $124,9995%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over8%

Percentages are of the 295 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$179,800 · minimum here is $64,900
$3,980.58per month
Borrowed before insurance$719,200
Total borrowed$719,200
Interest over 25 years at 4.5%$474,973

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,748.91per month out of pocket
Rent$1,498.00
Everything it costs to hold$4,246.91
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE SILVERCITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.