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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 198 Dundurn Street South, a beautifully updated investment opportunity offering two self-contained residential units in one of Hamilton's most desirable and walkable neighbourhoods. Legally configured as a single-family dwelling with an in-law suite, this property provides excellent flexibility for investors, multi-generational living, owner-occupants seeking supplemental income, or those looking to live and work from home. The lower level is particularly well suited for a home-based business or professional workspace, with C6 zoning permitting a broad range of commercial, retail, office, and service. Extensively renovated throughout, the property features separate entrances, separate hydro meters, separate heating systems, individual hot water tanks, and in-suite laundry for both units. The upper unit showcases soaring vaulted ceilings, an open-concept layout, a stylish kitchen with quartz countertops and island, electric fireplace, floating staircase, private balcony, and a spacious bedroom retreat. The lower unit offers an inviting open-concept design with exposed brick accents, updated kitchen, private patio, full basement with laundry and storage, and excellent flexibility for residential or business use. Major capital improvements include new shingles, new windows, new furnaces, new central air conditioning systems, updated insulation, waterproofing, backflow valve installation, and upgraded storm and sanitary sewer systems. Ideally located steps to shops, restaurants, parks, schools, transit, and downtown Hamilton amenities, this turnkey property presents a rare opportunity to own a fully updated income-generating property with exceptional live/work potential in a prime location.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,253/mo
Mortgage (principal + interest)$3,741
Property taxFrom listing: $6,140/yr$512
Minimum $75,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$200,000
Ontario land transfer taxProvincial brackets, no first-time refund$16,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$219,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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 information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
