188-190 Caroline Street S
Hamilton (Durand), ON L8P 3L2
- 7Bedrooms
- 5Bathrooms
- 4Parking
- 3000–3500Sq Ft
- $7,785Tax
- 39×95 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 188-190 Caroline Street S, Hamilton, Durand
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 188-190 Caroline Street S, Hamilton, Durand
Summarized Description
- 6% cap rate with strong income potential.
- Fully tenanted legal 4-plex in Durand.
- Upgraded water line and rebuilt parapet walls.
- Four separate tenancies ensure steady cash flow.
- Close to downtown and local amenities.
- Two rents below market for future upside.
- Located on a quiet, tree-lined street.
- Predictable utility costs with tenant-paid hydro.
6.5% 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 $75,189 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 car 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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,785
- Land Transfer Tax Fee
- $18,455
- Basement Type
- None
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Library, Public Transit, Place Of Worship
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete, Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 39.00 ft
- Lot Depth
- 95.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 7
- Washrooms
- 5
- Kitchens
- 4
Washrooms
- 2-piece, Main
- 4-piece, Main
- 4-piece, Second
- 3-piece, Second
- Municipality
- Hamilton
- Neighbourhood
- Durand
- Main cross streets
- Duke St
- Zoning
- DE-3
- Directions
- Duke St
- MLS® number
- X13828766
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-21
- Updated on
- 2026-10-16
- Days on market
- 31 days
- Possession type
- Flexible
- Co-op commission
- 2% +HST
- Seller
- Listed by
- REAL BROKER ONTARIO LTD.
Home Market Value
Current home valuation for 188-190 Caroline Street S, Hamilton, Durand, Hamilton, ON. Listed for $1,099,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 188-190 Caroline Street S, Hamilton, Durand
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $599,000 over $500K
$84,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,531 | $30,662 | $26,156 | $0 |
=Total mortgage | $1,053,809 | $1,019,762 | $960,306 | $879,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,145monthly | $4,979monthly | $4,689monthly | $4,293monthly |
Land Transfer Tax
$18,455
$18,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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