Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
13 bedrooms, 8 bathrooms, about 5,000 sq ft, works out to roughly $310 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 154-156 Freelton Rd
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
9 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
9
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
154-156 Freelton Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13207934$1,550,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 154-156 Freelton Rd Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,615
/mo
based on the purchase price of $1,550,000
$310,000 cash
$1,240,000 financed
$1,044,405 total interest
Principal54%$1,240,000
Interest46%$1,044,405
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 14–18 bed homes for sale in Hamilton around $1.6M.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,423Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with May 8 – Aug 6, 2026: prices down.
Based on 1,805 sales from Aug 6 – Nov 4, 2026 (1,548 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 154-156 Freelton Rd
How much is 154-156 Freelton Rd listed for?
154-156 Freelton Rd is listed at $1,550,000 (MLS® X13207934). Summitly updates the price as soon as the MLS® record changes.
Is $1,550,000 a good price for 154-156 Freelton Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 154-156 Freelton Rd changed?
No — 154-156 Freelton Rd is still listed at its original asking price of $1,550,000.
How many bedrooms and bathrooms does 154-156 Freelton Rd have?
154-156 Freelton Rd has 13 bedrooms and 8 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Hamilton.
How much would the monthly mortgage be on 154-156 Freelton Rd?
About $7,615 a month — principal and interest on $1,550,000 with 20% down ($310,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 154-156 Freelton Rd compare with other homes in Hamilton?
Its asking price of $1,550,000 is about 130% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,805 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 154-156 Freelton Rd been sold before?
Summitly has no earlier MLS® sale or lease of 154-156 Freelton Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 154-156 Freelton Rd?
154-156 Freelton Rd is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 154-156 Freelton Rd been on the market?
161 days — 154-156 Freelton Rd was listed on May 27, 2026.
What is the price per square foot of 154-156 Freelton Rd?
About $310 per square foot: the asking price of $1,550,000 over the 5,000 sq ft the listing gives.
Does 154-156 Freelton Rd have parking or a garage?
Yes — the listing gives 9 parking spaces. Garage: Yes.
Does 154-156 Freelton Rd have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
