Welcome to this remarkable investment located in the coveted neighborhood of Durand. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $11,995,000 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.
27 Bold Street represents an exceptional multifamily investment opportunity in Hamilton's most prestigious residential neighbourhood. This fully renovated 32-unit apartment building offers substantial rental upside potential, with current occupancy at 59.4% providing immediate lease-up opportunity alongside strong market fundamentals. The property underwent complete renovation between 2019 and 2020 resulting in a virtually new building with modern mechanical systems, contemporary unit finishes, and premium amenities rarely found in Hamilton's rental stock. Each unit features in-suite washer/dryer connectivity, quartz countertops, stainless steel appliances, and updated bathrooms, positioning the asset at the premium end of the local market. Situated in the heart of the Durand neighbourhood, the property benefits from Hamilton's strongest residential location, offering residents walkable access to downtown Hamilton, GO Transit connectivity, major healthcare institutions, and the trendy Locke Street retail corridor. For investors, 27 Bold Street combines scale, location, and immediate value creation potential, supported by minimal capital requirements and strong rental fundamentals in Ontario's fastest-growing secondary market.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 27 Bold Street, Hamilton, ON L8P 1T3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $11,995,000 in Hamilton, the legal minimum down payment is $2,399,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $286,350 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $286,350.
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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.