$ 725,000
499 East 16th Street
Utility room - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 1
43 Photos
4pc Bathroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 2
Bedroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 3
4pc Bathroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 6 Bedroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 7 Bedroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 8 Bedroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 9 Primary Bedroom - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 10 Dining room - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 11 Living room - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 12 Kitchen - 499 East 16th Street, Hamilton, ON L9A4K9 Photo 13 499 East 16th Street, Hamilton, ON L9A4K9 Photo 14 499 East 16th Street, Hamilton, ON L9A4K9 Photo 15 499 East 16th Street, Hamilton, ON L9A4K9 Photo 16 499 East 16th Street, Hamilton, ON L9A4K9 Photo 17 499 East 16th Street, Hamilton, ON L9A4K9 Photo 18 499 East 16th Street, Hamilton, ON L9A4K9 Photo 19 499 East 16th Street, Hamilton, ON L9A4K9 Photo 20 499 East 16th Street, Hamilton, ON L9A4K9 Photo 21 499 East 16th Street, Hamilton, ON L9A4K9 Photo 22 499 East 16th Street, Hamilton, ON L9A4K9 Photo 23 499 East 16th Street, Hamilton, ON L9A4K9 Photo 24 499 East 16th Street, Hamilton, ON L9A4K9 Photo 25 499 East 16th Street, Hamilton, ON L9A4K9 Photo 26 499 East 16th Street, Hamilton, ON L9A4K9 Photo 27 499 East 16th Street, Hamilton, ON L9A4K9 Photo 28 499 East 16th Street, Hamilton, ON L9A4K9 Photo 29 499 East 16th Street, Hamilton, ON L9A4K9 Photo 30 499 East 16th Street, Hamilton, ON L9A4K9 Photo 31 499 East 16th Street, Hamilton, ON L9A4K9 Photo 32 499 East 16th Street, Hamilton, ON L9A4K9 Photo 33 499 East 16th Street, Hamilton, ON L9A4K9 Photo 34 499 East 16th Street, Hamilton, ON L9A4K9 Photo 35 499 East 16th Street, Hamilton, ON L9A4K9 Photo 36 499 East 16th Street, Hamilton, ON L9A4K9 Photo 37 499 East 16th Street, Hamilton, ON L9A4K9 Photo 38 499 East 16th Street, Hamilton, ON L9A4K9 Photo 39 499 East 16th Street, Hamilton, ON L9A4K9 Photo 40 499 East 16th Street, Hamilton, ON L9A4K9 Photo 41 499 East 16th Street, Hamilton, ON L9A4K9 Photo 42 499 East 16th Street, Hamilton, ON L9A4K9 Photo 43

499 East 16th Street, Hamilton

Amazing Investment Opportunity – Fully Legal Duplex in a Prime Location! Investors, take note! This fully legal duplex offers an exceptional opportunity to own a versatile income property in a mature, highly desirable neighbourhood with healthy monthly cash flow and strong tenant appeal. Both units have been thoughtfully updated and feature stainless steel appliances, offering modern comfort and convenience for tenants. The spacious 3-bedroom main-floor unit is complemented by a well-appointed 2-bedroom basement unit, making this property an attractive option for investors seeking multiple income streams. Enjoy the added convenience of separate hydro meters, allowing tenants to manage their own electricity usage. Even better, the basement unit offers the added bonus of no rent control, providing greater flexibility when setting the rent. The property is being offered vacant, giving the next owner the opportunity to set their own rents from day one and tailor the tenancy strategy to their investment goals. Location is another major advantage. Situated close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways, this property provides quick and easy access throughout the area. The established neighbourhood and convenient surroundings create access to a large and diverse tenant pool. Whether you're an experienced investor looking to expand your portfolio or a first-time investor searching for a property with income potential, this fully legal duplex combines updated units, desirable features, flexible rental opportunities, and an incredible location. Opportunities like this don't come along often — book your private viewing today! (id:1945)
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Property details for 499 East 16th Street, Hamilton

Type
Residential
Style
Raised bungalow
Bedrooms
6
Bathrooms
2
Living Area
1,788 square feet
Lot Size
0.11
Stories
1
Basement
Finished, Full
Heating
Hot water radiator heat, Baseboard heaters
Cooling
Ductless
Exterior
Brick
Ownership
Freehold
Annual Taxes
$5,559

Nearby Listings Stat

Estimated price and comparable properties near 499 East 16th Street

Active Listings
6
Min Price
$629,000
Max Price
$748,800
Avg Price
$693,417
Days on Market
45
days
Sold Listings
9
Min Sold Price
$724,900
Max Sold Price
$767,777
Avg Sold Price
$750,098
Days until Sold
49
days

Neighbourhood Census Data

Hamilton, Ontario

Population
451
Median Age
44.6
Median Income
$30,528
Dwelling Value
$324,936

Housing Tenure

Owners 55%
Renters 43%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 1,819.3/km²
Avg Shelter Cost: $1,119/mo
Owners with Mortgage: 56%
Owners Spending 30%+: 28%
Tenants Spending 30%+: 45%
English only: 91.1%
English and French: 7.8%
Median Household Income: $48,768
Median Employment Income: $29,248

Price History

Listed
September 28, 2026
by Keller Williams Complete Realty
Current Price
$725,000
Type
Residential
For Sale
499 East 16th Street

Contact Agent Get in touch about 499 East 16th Street, Hamilton

Nyle Brown
Keller Williams Complete Realty

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