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Listed 1 month ago

44 Bristol Street

Gibson, Hamilton

$857,000

Detached|2 1/2 Storey
4 | 3 | 6
About this home

Attention all contractors and small business owners: One of a kind Live / Work property in Downtown Hamilton. This property has a rare D zoning (commercial use). Victorian Detached 2.5 storey home + 38'x22' detached garage/shop with 15' ceiling height, 2 vehicle engine hoists, dedicated 100 amp electrical service and gas line + 1550 sq. Ft separately titled parcel of land. Replace your daily work commute with a short walk across your own backyard while eliminating commercial lease costs, saving time and 1000's of dollars. Park up to 6 vehicles on the parcel of land. Both garage and land accessible via a laneway. Parcel of land could also offer potential development opportunities subject to municipal approvals. Updated Victorian house includes 4 bedrooms in total including a third floor loft with a two piece bathroom, and on the second floor 2 bedrooms, a 4 piece bathroom and a 3 rd bedroom with its own 4 piece en-suite bathroom. The house also includes an updated kitchen, hardwood flooring, main floor laundry, crown molding and a new roof (June 2026). Separate access to the basement is available for any potential in-law suite. Transit, Hamilton General Hospital, shopping, restaurants, schools, and parks Buyer must do all due diligence. ********* 44 Bristol St (PIN 171960199; Legal: PT LT 22, PL 381, AS IN HL4722; Hamilton) and 7 Huron St (PIN 171960202; Legal: PT LTS 9 & 10, PL 211, AS IN AB67305; Hamilton) are being sold together. Total purchase price is $857,000, including both properties, with an allocated value of $13,400 for 7 Huron St. Buyer must do all due diligence.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,228
Lot Size22 ft x 93 ft
mls© NumberX13570688
Listed ByHOMELIFE/PARAMOUNT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,387
Property tax
$352
Heat allowance
$150
Housing costs
$4,889 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $171,400
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,606 / mo
Cash down
$171,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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