For Sale: 188-190 Caroline Street S, Hamilton, ON - REW
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$1,199,000
7 bd 5 ba 3256 sf Multifamily

188-190 Caroline Street SHamilton, ON, L8P 3L2

Durand
  • 7 Bed
  • 5 Bath
  • 3256 Sqft
  • Multifamily

About this home

Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income-a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4" copper water line-a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture-an investment that truly checks all the boxes.
Listed by: Sandy Mackay, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$7,785
Home facts
Bedrooms
7
Full Bathrooms
5
Parking Spaces
4
Property Type
Multifamily
Lot Size
39 ft x 95 ft (3705 ft²)
Depth
95.0
Frontage
39.0
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Features
In-suite
Appliances
Other
Community
Agent details
Primary Agent
Primary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
28 Days
Property Views
88
MLS® Number
40830834
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Ryerson Middle School
  • Public
  • 6 - 8
Central Public School
  • Public
  • JK - 8
Central Junior Public School
  • Public
  • JK - 5
Turning Point School
  • Public
  • 9 - 12
Bronston Canadian Academy
  • Private
  • K - 12
St. Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Sir John A Macdonald School
  • Public
  • 9 - 12
Lyons Gate Montessori
  • Private
  • Pre-K - 3
Southern Ontario Collegiate
  • Private
  • 9 - 12
Queen Victoria Elementary Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.