No photos available for this listing

$679,900

56 & 58 Delawana Drive, Hamilton, ON L8E 1G4, Hamilton, ON

Hamilton, ON L8E 1G4

6 beds 2 baths Duplex

About this home

TWO HOMES FOR THE PRICE OF ONE! Welcome to 56 & 58 Delawana Drive, a rare front-and-back attached duplex that offers the ultimate lifestyle solution for multi-generational families or buyers looking to live for less. This unique property features two fully self-contained three-bedroom residences under one roof, each offering four-piece bathroom, bright kitchen, spacious living and dining areas, and a partially finished basement for added living space. The private front-to-back configuration ensures independent living with separate outdoor areas and two dedicated parking spaces per unit, making it perfect for housing extended family or living on one side while the other pays your mortgage. Offered in "as-is" condition, this is a prime opportunity to build instant equity by renovating to your taste-with the potential to transform a unit for as little as $70, 000. Perfectly situated just off Centennial Parkway, you are minutes from the Confederation GO Station, highway access, premium shopping, and schools. Secure two homes, one investment, and endless possibilities in one of the area's most convenient locations. (Note: Listing photos are of a model home to showcase renovation potential.)

Property Score

57/ 100

Overall Property Score

good

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

89% of city avggood

Priced below Hamilton's average of $765,000.

Appreciation Trend

+1.8%/yrgreat

Hamilton has seen +1.8% YoY price change.

Monthly Cash Flow

-$1,680/mopoor

Estimated -$1,680/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

2.65%fair

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^® # X13059868

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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