203 John Street N, Hamilton (Beasley), Ontario L8L 4P4 (29714323)
203 John Street N Hamilton, Ontario L8L 4P4
$499,000
Welcome to 203 John Street North, a stabilized, 3-unit, turn-key investment property offering a staggering *7.85% Cap Rate* right in the heart of Hamilton. With an NOI of $39,178.19, this property is structured as a legal duplex plus a non-conforming basement unit, providing three distinct, income-producing living spaces. Completely taken down to the studs during a previous full-gut renovation, this asset offers total peace of mind. Major capital expenditures have already been addressed, including modernized electrical, updated plumbing, a newer roof (~10 years), and an upgraded furnace (under 15 years).Currently generating a robust $52,374 in Gross Annual Income ($4,364.50/month) with at-market rents, the building is perfectly optimized for operational efficiency. The suite mix includes a bright 1-bedroom main-floor unit, a spacious 2-bedroom upper unit complete with a versatile loft, and a functional 1-bedroom lower level. Main and upper tenants pay their own hydro bills.Complete with convenient rear laneway access and a dedicated parking pad, this property is a rare find. Whether you are scaling your portfolio with a high-performing, low-maintenance asset or seeking the ultimate house-hack to offset your mortgage, 203 John St N delivers unmatched financial performance and beautiful curb appeal. (id:60297)
Property Details
| MLS® Number | X13094994 |
| Property Type | Multi-family |
| Community Name | Beasley |
| EquipmentType | Water Heater |
| Features | Lane |
| ParkingSpaceTotal | 1 |
| RentalEquipmentType | Water Heater |
| Structure | Patio(s), Porch |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Meter |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a, N/a (finished), N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Stucco |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 80 Ft ,10 In |
| SizeFrontage | 16 Ft ,3 In |
| SizeIrregular | 16.3 X 80.9 Ft |
| SizeTotalText | 16.3 X 80.9 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.2 m | 3.33 m | 3.2 m x 3.33 m |
| Second Level | Kitchen | 3.1 m | 2.69 m | 3.1 m x 2.69 m |
| Second Level | Primary Bedroom | 4.44 m | 2.72 m | 4.44 m x 2.72 m |
| Second Level | Bedroom | 2.64 m | 3.28 m | 2.64 m x 3.28 m |
| Basement | Utility Room | 2.11 m | 3.78 m | 2.11 m x 3.78 m |
| Basement | Kitchen | 2.69 m | 5.46 m | 2.69 m x 5.46 m |
| Basement | Bedroom | 2.69 m | 5.46 m | 2.69 m x 5.46 m |
| Basement | Laundry Room | 1.98 m | 2.95 m | 1.98 m x 2.95 m |
| Main Level | Kitchen | 3.2 m | 3.56 m | 3.2 m x 3.56 m |
| Main Level | Living Room | 3.2 m | 5.05 m | 3.2 m x 5.05 m |
| Main Level | Bedroom | 3.05 m | 3.63 m | 3.05 m x 3.63 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29714323/203-john-street-n-hamilton-beasley-beasley
Interested?
Contact us for more information
Kellan James Paniccia
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 07 2026 02:33:59
Prime Real Estate Brokerage
THINKING OF SELLING or BUYING?
We Get You Moving!
Contact Us
About Steve & Julia
With over 40 years of combined experience, we are dedicated to helping you find your dream home with personalized service and expertise.
© 2026 Wiggett Properties. All Rights Reserved. | Made with ❤️ by Jet Branding