+2 photos
$1,800
387 Upper Gage Avenue LOWER, Hamilton, ON L8K 4X9, Hamilton, ON
Hamilton, ON L8K 4X9
2 beds 1 bath Lower Level
About this home
Beautifully Renovated Legal Basement Apartment in Prime East Mountain Location! This modern and spacious 2-bedroom lower unit offers approximately 1,740 sq ft of well-designed living space with a private separate entrance. Featuring a stylish kitchen with quartz countertops and backsplash, updated finishes throughout, and plenty of pot lights for a bright, contemporary feel.Located just minutes from shopping, hospital, highways, and schools, this home is ideal for convenient everyday living. Enjoy the benefit of a non-shared backyard, plus parking for up to 2 vehicles on the driveway.
Property Score
77/ 100
Overall Property Score
great
A blend of both buyer and investor metrics.
Score breakdown
Walkability
65/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
70/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
0% of city avgexcellent
Priced below Hamilton's average of $765,000.
Appreciation Trend
+1.8%/yrgreat
Hamilton has seen +1.8% YoY price change.
Monthly Cash Flow
+$1,653/mogreat
Estimated $1,653/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1107.92%excellent
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13043040
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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