388 East 25th Street, Hamilton, ON L8V 3B1

For Sale 172 days on Market MLS® X12474484

Asking Price

$488,000

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388 East 25th Street, Hamilton, ON L8V 3B1

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Overview

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Rare offering on the Hamilton Mountain! This residential lot at 388 East 25th Street comes with full development charges already paid and an approved building permit in hand for a legal triplex - ready for immediate construction. Ideal for builders, investors, or those looking to create long-term income in a high-demand rental location. Situated in a mature, family-friendly neighbourhood just minutes from Juravinski Hospital, LINC access, public transit, schools, and major amenities. With strong area rental demand and limited new supply, this site offers exceptional upside and speed to market. A true shovel-ready project - no delays, no guesswork, just build.

Area

350 sqft

Lot Size

0.1 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityHamilton

Postal CodeL8V3B1

Lot Dimensions32.35 × 131.07 ft

Interior Features

Heat: Other

Heat Source: Other

Cooling: None

Style: Other

Exterior & Land

Sewer: Septic

Construction: Other

Utilities & Services

Heat SourceOther

SewerSeptic

Financial Information

List Price$488,000

Days on Market172

MLS® X12474484 • Listed by RE/MAX ESCARPMENT REALTY INC.

388 East 25th Street, Hamilton, ON L8V 3B1

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Purchase Calculator

Home Price

$488,000.00

Location

Down Payment

$102,480.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

388 East 25th Street, Hamilton, ON L8V 3B1

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