216 WALTER Avenue S, Hamilton

3 BEDS · 3 BATHS · 2688 sqft

$649,900

Fully Vacant Triplex-Style Investment with Projected $72K Income + 40??20 Shop. Originally built as a legal duplex and currently configured with three self-contained units (non-legal third unit), this fully vacant property allows buyers to set market rents from day one. Main floor features a bright 2-bedroom, 1-bath unit. Second floor offers an updated 1-bedroom, 1-bath unit with 2020 kitchen. Lower level includes a bachelor-style suite with egress windows (2020) with easy potential to create a separate bedroom. Extensive updates provide peace of mind: all new flooring (2026), freshly painted throughout (2026), furnace (2025), electrical updated (2019), 2nd floor & lower kitchen (2020) and exterior painted (2023). Situated on a fully fenced corner lot with triple-wide driveway, the standout 40x20 detached shop has its own driveway and entrance; ideal for workshop, home-based business, garage with loft potential, or possible future ADU conversion. Flexible layout supports multi-generational living, strong investment returns, or potential reconfiguration to single-family use. Close to schools, parks, transit with direct bus access to McMaster University, and quick highway access and walk to shopping. Income potential. Flexibility. Future upside.

General Info


MLS Listing ID: 40809812 Bedrooms: 3 Bathrooms: 3 Year Built: 1961
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Brick Roof: N/A Title To Land: Freehold Parking Space Total: 8
Parking: Detached Garage Heating: Forced air Size: 2688 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full (Finished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Automatic Garage Door Opener
  • Private Yard

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