Every week we pick a few of the best investment properties available right now in Hamilton, Burlington, Niagara and the towns around them, run the numbers, and say why we like each one. This week we've got 5 of them.
- Welland duplex, both units already rented
- Stinson fourplex, down $185,100 since March
- St. Catharines fourplex, about 9.9% gross on asking
- Crystal Beach, two houses, three units vacant
- Niagara Falls triplex, renovated from the studs
Welland duplex, both units already rented
Watt Avenue, Welland · $589,900 · 2 units
No photos on this one. It is not listed, so you are hearing about it first.
- Rents today: $3,545 a month.
- About 7.2% gross on the asking price.
Both units have tenants in place, so you collect rent from the first month. It was built in 1971 and the landlord pays hydro, gas and water, so ask for the utility bills before you write an offer.
Stinson fourplex, down $185,100 since March
147 Emerald Street, Hamilton · $989,900 · 4 units · 5 bed · 4 bath · taxes $8,269 a year · 100+ years old
- Was asking $1,175,000 before. Down $185,100 since then.
- Rents today: $6,412 a month.
- About 7.8% gross on the asking price.
Four self-contained units just below the escarpment, with three parking spots and a detached double garage with hydro. Two units have their own laundry and three have wall AC. The basement 1-bedroom rents for $990, well under market, so there is room to grow the rent when it turns over.
See this listing, with every photo
St. Catharines fourplex, about 9.9% gross on asking
108 Queenston Street, St. Catharines · $599,900 · 4 units · 6 bed · 4 bath · taxes $3,709 a year
- Down $50,000 from $649,900 when it listed.
- Was asking $699,900 in 2025. Down $100,000 since then.
- Rents in the listing: $4,930 a month.
- About 9.9% gross on the asking price.
Four self-contained units, each with its own entrance, with newer wiring, plumbing, windows and siding. It is fully tenanted and down $100,000 from its 2025 asking price. The about 9.9% gross is on the asking price, using the rents in the listing.
See this listing, with every photo
Crystal Beach, two houses, three units vacant
192 Lincoln Road, Fort Erie · $499,000 · 4 units · 9 bed · 4 bath · taxes $2,946 a year · 51-99 years old
- Was asking $989,000 in 2025. Down $490,000 since then.
Two detached houses with four separate living spaces, more than 3,300 square feet in all, a walk from the beach. Only one is occupied right now and it is down $490,000 from its 2025 asking price. You could pick your own tenants for three units, or live in one and rent the rest.
See this listing, with every photo
Niagara Falls triplex, renovated from the studs
4677 Crysler Avenue, Niagara Falls · $699,900 · 3 units · 5 bed · 4 bath · taxes $3,987 a year
- Down $50,000 from $749,900 when it listed.
- Was asking $759,900 in 2026. Down $60,000 since then.
New kitchens, bathrooms, furnace, central air, electrical and flooring, so the big costs are behind it. All three units are rented with tenants paying hydro, and it is zoned CB, so a fourth unit or short-term rental is possible if the city approves it. It is close to the GO train, the university and the border.
See this listing, with every photo
Split houses in St. Catharines ask 60% more rent
Asking rents, last six months, St. Catharines: a 1-bedroom at $1,750 plus a 2-bedroom at $2,000 adds up to $3,750, against $2,350 for one 3-bedroom house. If you can legally split a house there, that is about 60% more rent from the same building.
Want to talk about one of these? Message us and your agent will reach out. If you got this week's email, just reply with the one you want to see.
Prices and details come from the listing and can change. Rent figures are what the listing says or our estimate from nearby asking rents. Not financial advice.