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    Home Hamilton Hill Park 499 East 16th Street 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    Single Family Residence for sale at 499 East 16th Street, Hamilton, ON, L9A 4K9 - Hill Park - MLS: 40867137
    • new
    • for sale

    499 East 16th Street

    Hamilton, ON, L9A 4K9 - Hill Park

    $725,000

    • Neighbourhood

      Hill Park

    • Major Intersection

    • Listed Since: 2 day(s)

    • Last update: today

    Overview

    • Property Type

      Single Family Residence, Bungalow Raised

    • Bedrooms

      3 + 2

    • Bathrooms

      2

    • Basement

      Full, Finished

    • Kitchen

      n/a

    • Total Parking

      3

    • Lot Size

      50.58x95.87 (Acres)

    • Taxes

      $5,559.00 (2026)

    • Type

      Freehold

    Property Description

    Property description for 499 East 16th Street, Hamilton

    Investors and owner-occupiers, take note! This fully legal duplex offers an incredible opportunity to build equity while generating rental income — whether you're looking to expand your portfolio or live in one unit and rent out the other for an additional source of income. This property features two updated, self-contained units: a spacious 3-bedroom main-floor unit and a well-appointed 2-bedroom basement unit. Both units feature stainless steel appliances and offer comfortable, modern living spaces that are attractive to today's tenants. With separate hydro meters, tenants can be responsible for their own electricity usage. The basement unit also offers the added bonus of no rent control, providing greater flexibility for future rental income. The property is being offered vacant, giving the new owner the flexibility to set their own rents from day one. For an owner-occupier, this creates an especially attractive opportunity: live in one unit while renting the other, generating rental income that can help offset your monthly mortgage payment and make home ownership more affordable. For investors, the property's layout provides the potential for healthy monthly cash flow, while its location helps attract a large and diverse tenant pool. Situated in a mature and established neighbourhood, this property is conveniently located close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways. With quick and easy highway access, getting around the city is a breeze — making this a highly convenient location for both homeowners and tenants. Whether you're looking to house-hack your way into home ownership, reduce your monthly carrying costs, or add a strong income-producing property to your portfolio, this fully legal duplex offers flexibility, rental income potential, updated units, and an incredible location all in one package.

    Listed by Keller Williams Complete Realty

    Property details
    Room details
    Map

    • MLS #

      40867137

    • Sq. Ft

      1788

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      1955

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      3

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Brick

    • Fireplace

      n/a

    • Roof

      Asphalt Shing

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Baseboard, Gas Hot Water, Radiator

    • A/C

      Ductless

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • Bedroom

      3.45 x 3.05 ft Basement level

    • Bedroom Primary

      3.66 x 3.35 ft Main level

    • Bedroom Primary

      4.09 x 3.35 ft Basement level

    • Bathroom

      false Basement level

      4-Piece

    • Kitchen

      4.57 x 2.74 ft Main level

    • Living Room

      5.31 x 3.66 ft Main level

    • Bathroom

      false Main level

      4-Piece

    • Bedroom

      3.17 x 2.74 ft Main level

    • Dining Room

      3.66 x 4.09 ft Main level

    • Bedroom

      3.17 x 2.74 ft Main level

    • Utility Room

      false Basement level

    • Bedroom

      3.17 x 2.74 ft Main level

    • Kitchen/Living Room

      6.40 x 4.09 ft Basement level

    • Bathroom

      false Main level

      4-Piece

    • MLS #

      40867137

    • Sq. Ft

      1788

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      1955

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      3

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Brick

    • Fireplace

      n/a

    • Roof

      Asphalt Shing

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Baseboard, Gas Hot Water, Radiator

    • A/C

      Ductless

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • Bedroom

      3.45 x 3.05 ft Basement level

    • Bedroom Primary

      3.66 x 3.35 ft Main level

    • Bedroom Primary

      4.09 x 3.35 ft Basement level

    • Bathroom

      false Basement level

      4-Piece

    • Kitchen

      4.57 x 2.74 ft Main level

    • Living Room

      5.31 x 3.66 ft Main level

    • Bathroom

      false Main level

      4-Piece

    • Bedroom

      3.17 x 2.74 ft Main level

    • Dining Room

      3.66 x 4.09 ft Main level

    • Bedroom

      3.17 x 2.74 ft Main level

    • Utility Room

      false Basement level

    • Bedroom

      3.17 x 2.74 ft Main level

    • Kitchen/Living Room

      6.40 x 4.09 ft Basement level

    • Bathroom

      false Main level

      4-Piece

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Local Real Estate Price Trends for Single Family Residence in Hill Park

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    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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