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14 DUKE Street
homes for sale · Hamilton · Durand North
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$4,299,990

14 DUKE Street

Durand North, Hamilton · MLS® 40818184

101212

9,927 sq ft · House · Multi-family · 199 days on market

listed by Adam Colalillo, Realty Network

realtor's description

Prime Medical & Residential Investment | Durand, Hamilton Turnkey medical-residential income property in the prestigious Durand neighbourhood of Hamilton — purpose-built for healthcare and upscale urban living. This fully renovated (2019) 9,927 SF three-storey building features a ground-floor medical/health clinic (approx. 2,363 SF) currently leased to a high-end operator, with flexibility for the tenant to relocate through sublease if desired, presenting an opportunity for a dentist, medical specialist, or plastic surgeon. The space includes a former surgical suite previously used by a plastic surgeon. Above the commercial space are 10 luxury residential units — 2 bachelor, 6 one-bedroom, and 2 two-bedroom suites totaling approximately 7,203 SF of premium rental space. Situated on a 0.205-acre lot with 49.75 ft frontage and 12+1 on-site parking, the property features 12' vaulted ceilings, new fire shutters, and common laundry with industrial machines. No heritage designation. Zoned E-L with Downtown Mixed-Use Official Plan designation permitting medical, professional, multiple residential, student housing, and retirement uses — with strong value-add potential including future conversion of commercial space to additional residential units (subject to approvals). CMHC financing eligible. Located blocks away from St. Joes Hospital, near Mohawk College, McMaster, Augusta Street Restaurants, TD Coliseum — an unmatched location for medical tenants and urban residents alike. Stable

property details

type
House, Multi-family
bedrooms
10
bathrooms
12
living area
9,927 sq ft
parking
12
property tax
$35,779 / yr
days on market
199
MLS®
40818184

features

  • Paved driveway
  • High Traffic Area
  • School Bus

monthly cost

$21,716/mo
Mortgage $18,735 · Tax $2,982

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$18,735/ monthly
loan $3,439,992
25-year amortization
total interest
$2,180,401
cash to close
$859,998
down payment; transfer tax and fees not included
total paid
$5,620,393

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Durand North, HamiltonGoogle Maps ↗

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listed by
Adam Colalillo
Realty Network
call Adam · 289-456-0652
Powered by: REALTOR.ca

similar homes nearby

location

Durand North, HamiltonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.