291 East 38th Street, Hamilton, ON

$1,799,000
MLS#:X12225996
8 beds
9 baths
3500-5000 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 9 Bathrooms with 9 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 110 x 62.5 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient radiant heating via gas

Ideal investment opportunity in a prime location Hamilton's vibrant central mountain! This high-exposure corner property offers tremendous potential for future growth. Featuring 8 beautifully maintained 1-bedroom units and 1 bachelor suite, the building showcases stunning terrazzo hallways and stairwells. Between 2019 and 2023, the property was extensively renovated with a new roof, new windows, an upgraded boiler, and updated kitchens and bathrooms. Includes 9 dedicated parking spots. Conveniently located near public transit, shopping, and essential amenities.

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Key Features

Bedrooms
8
Bathrooms
9
Kitchens
9
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 18, 2025
Sold price information is available to members only
Listed Date6/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size110 × 62.5 Feet
CountyHamilton
Annual Tax$18,254.39
Legal DescriptionLT 167, PL 817 CITY OF HAMILTON

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Public Transit, Place Of Worship, School, Park

Community Features

Location

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291 East 38th Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 291 East 38th Street, Hamilton, ON L8V 4G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,439,200
Monthly Mortgage$8,362
Property Tax (Est.)$1,521
Utilities & Maint.$350
Total Monthly Cost$10,233

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Raleigh, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$581,090

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2
Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3

Secondary Schools

Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.