Welcome to the Bellwether House, a truly unique and income-optimized property in Hamilton. This triplex features three self-contained units plus a designer-finished bonus studio in the triple garage. Ideal for investors or end users, live in one unit and rent the others, lease all units for maximum cash flow, or continue operating as a top-performing Airbnb. Offering an estimated cap rate of 5% to 7%, this is a compelling opportunity for investors seeking strong returns in a prime location.
Address
223 Park Street N
List Price
$1,278,000
MLS® Status
New
Expiration Date
2026-07-21
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Hamilton
Sub-Area
Central
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
12
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Depth
127
Lot Size Units
Feet
Lot Width
20
Occupant Type
Tenant
Cross Street
Bay and Barton
MLS® Number
X12897980
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Unfinished
Postal Code
L8R 2N9
Posession Details
60 Days
Parking Places (Total)
2
Parking Spaces
1
Tax Amount
$4,331.25
Tax Year
2025
Interior Features
Carpet Free
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Brick
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle, Rolled
Tax Legal Description
PT LT 1-2 BLK 27 PL 127 PT LOT 1&2
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Ground | Living Room | 15 x 13 | |
| Ground | Kitchen | 12 x 12 | |
| Ground | Primary Bedroom | 17 x 15 | |
| Ground | Bedroom 2 | 11 x 14.5 | |
| Second | Living Room | 12.25 x 20.5 | |
| Second | Kitchen | 12.25 x 20.5 | |
| Second | Primary Bedroom | 16 x 13 | |
| Second | Bedroom 2 | 9 x 16 | |
| Second | Bedroom 3 | 9 x 14 | |
| Third | Kitchen | 20 x 35 | |
| Third | Living Room | 20 x 35 |