306 Paling Avenue, Hamilton, ON, L8H 5J9

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Investment For Sale In Homeside, Hamilton, Ontario

$899,000

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306 Paling Avenue, Hamilton, ON, L8H 5J9

$899,000

Property Information:

ATTENTION INVESTORS! Incredible house-hacking opportunity with this prime property featuring a legal duplex plus a separate, legal Accessory Dwelling Unit (ADU). Each structure comes with its own backyard, providing desirable outdoor space for tenants. Live in one unit and generate income from the other two! Main Floor Unit: Currently rented to excellent tenants who are happy to stay, and paying market rent, ensuring immediate rental income. Basement Unit & ADU: Both vacant and ready for new occupants, offering flexibility for investors or owner-occupiers. Don’t miss this unique chance to maximize your investment and enjoy multiple income streams from one property!

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Hot Water Tank Owned,Microwave,Smoke Detector,TV Tower/Antenna,Window Coverings

Building Features:

Floor Space: 918 Square Feet

Property Features:

Bedrooms: 5
Acres Range: < 0.5
Basement: Separate Entrance, Walk-Up Access, Full, Finished
Construction Materials: Brick, Cedar, Block
Cooling: Central Air
Driveway Parking: Front Yard Parking, Outside/Surface/Open
Exterior Features: Awning(s), Lighting, Private Entrance, Year Round Living
Fencing: Full
Floor Space (approx): 1910 Square Feet
Heating: Forced Air, Heat Pump
Interior Features: Accessory Apartment, Separate Heating Controls
Laundry Features: In-Suite
Lot Depth: 136 Feet
Lot Features: Irregular Lot, Highway Access, Hospital, Library, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby
Lot Frontage: 20.33 Feet
Other Structures: Shed(s)
Parking Features: Asphalt
Road Frontage Type: Municipal Road
Roof: Flat, Membrane, Metal
Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Water Source: Municipal
Window Features: Window Coverings
Zoning: R1
Sewer: Sewer (Municipal)
No. of Parking Spaces: 5

Courtesy of: Exit Realty Strategies

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Location of 306 Paling Avenue, Hamilton, ON, L8H 5J9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 306 Paling Avenue , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past

31.8℃

2050

35.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 306 Paling Avenue , experiences 11 significant 2-day storms per year, with about 306.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.3mm of precipitation per year.

Precipitation Per Storm

Past

306.8mm

2050

380.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 306 Paling Avenue, Hamilton, ON, L8H 5J9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,580.48

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.63 %

High school certificate or equivalent

38.67 %

Apprenticeship trade certificate/diploma

6.45 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

0.27 %

University Degree

10.11 %

Commuter

Travel To Work

By Car

85.58 %

By Public Transit

6.57 %

By Walking

3.43 %

By Bicycle

0.0 %

By Other Methods

4.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.81 %

Houses

87.19 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 306 Paling Avenue, Hamilton, ON, L8H 5J9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 306 Paling Avenue, Hamilton, ON, L8H 5J9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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