New ListingWelcome to 56 East 32nd Street, an exceptional investment opportunity in the desirable Raleigh neighbourhood on Hamilton’s Central Mountain. Priced at $499,900, opportunities offering this combination of location, income potential, and value are becoming increasingly rare. This property has been successfully used as a duplex for many years and features two self-contained, modernized units, making it an excellent addition to any investment portfolio. The rear unit offers approximately 800 sq. ft. across the main and upper levels, while the front unit offers approximately 500 sq. ft. The property has seen numerous recent updates, including a new roof and complete front-unit renovation in 2023; new windows, two new furnaces, and a new A/C system for the rear unit in 2024; and updated appliances, plumbing, and electrical in 2025. Ideally located just minutes from Concession Street, Juravinski Hospital, the Sherman Access, the LINC, schools, shopping, restaurants, and public transit, this property also offers a generous lot with parking for up to four vehicles. Zoned H District - Community Shopping and Commercial, this versatile property presents an excellent opportunity for investors, first-time buyers, or those looking to add a well-located income property to their portfolio. Rarely does a property offering this combination of location, versatility, income potential, and value become available on Hamilton Mountain.
| MLS # | 40856559 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | CANFIN REALTY SERVICES INC. | Ed Dunn Jr. |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,366 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | H |
| Acreage | 0.09 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | None |
| Cooling | Central Air, Other |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Window Features | Window Coverings |
| Laundry Features | In-Suite |
| Lot Features | Rectangular, Airport, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
| Parking Features | Detached Garage, Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 3723 |
|---|
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 3R6 |
| Area | 17 Hamilton Mountain |
| Subarea | 174 Raleigh |
| Community Name | 174 Raleigh |
| School District | Sherwood & St Jean De Brebeuf |
| Elementary School | Sacred Heart Of Jesus & Franklin |
| High School | Sherwood & St Jean De Brebeuf |
| Listing VS Median (in 174 Raleigh) | |
Price: $499,900 low | high Med: $529,900 sqft: 1,366 low | high Med: 1,047 $ / sqft: $366 low | high Med: $513 On site: 5 low | high Med: 40 | |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 3R6 |
| Area | 17 Hamilton Mountain |
| Subarea | 174 Raleigh |
| Community Name | 174 Raleigh |
| School District | Sherwood & St Jean De Brebeuf |
| Elementary School | Sacred Heart Of Jesus & Franklin |
| High School | Sherwood & St Jean De Brebeuf |
| Listing VS Median (in 174 Raleigh) | |
Price: $499,900 low | high Med: $529,900 sqft: 1,366 low | high Med: 1,047 $ / sqft: $366 low | high Med: $513 On site: 5 low | high Med: 40 | |