HAMILTON MOUNTAIN HOMES UNDER $800,000

What if someone else helped pay your mortgage?

Buying a home might be more affordable than you think.

Imagine owning a home, living in one unit, and renting out the other. The rent you collect could help cover your mortgage and lower what you pay each month.

It's called house hacking, and it could be a smart way to get into the housing market sooner.

Explore my hand-picked list of Hamilton Mountain homes with rental income potential, all listed under $800,000.

Show Me the Homes See How Much I Could Save

Free access to the home list. No pressure or commitment to buy.

A well-presented, photorealistic exterior view of a home. For illustration, not an actual listing.

For illustration. Generic home photo, not a listing in the collection.

House hacking

What could house hacking look like for you?

Let's say you buy a home with two units.

You live in one and rent out the other.

Your monthly mortgage payment: $3,500
Rent collected from the other unit: $1,800
Your share of the mortgage: $1,700/month

That's $1,800 in rent helping you pay your mortgage each month!

Curious what the numbers could look like for you?

Try the free calculator and explore homes that could make this possible.

See How Much I Could Save Show Me the Homes

Example only. Actual mortgage costs, rental income, taxes, insurance, utilities and other expenses will vary. Rental income is not guaranteed.

Photo gallery

Realistic, Presentable, Affordable

Illustrative exterior photograph of a well-presented duplex-style home. Not a specific listing.

Illustrative interior photograph of a comfortable, well-kept living space in a duplex-style home. Not a specific listing.

Illustrative interior photograph of a bright, presentable room in a duplex-style home. Not a specific listing.

Illustrative examples of the type of presentable duplex homes in the collection. Not specific listings.

Who this is for

You may have more ways to buy than you think.

Buying on your own

Buying on your own can feel like a big stretch. Living in one unit and renting the other could help with your monthly housing costs.

Buying with family

You and a parent, sibling or another family member may want to share the costs while each having your own living space.

Buying with a friend

You and a friend may be ready to explore buying together. A clear plan for ownership, bills, repairs and future changes can help you start on the same page.

Planning ahead

You do not need to be ready to move. Watch prices, explore neighbourhoods and learn what might fit your future.

A modest Ontario semi-detached brick home with two front doors. For illustration, not an actual listing.

What is house hacking?

You may hear this called house hacking. In simple terms, it means living in part of a property and renting out another part to help with the costs.

For illustration. A semi-detached home is shown as a common Hamilton housing style; legal two-unit status is not confirmed for any property.

Possible benefits

One property. More ways to share the cost.

Rental income may help offset monthly expenses.
Buying together may allow people to pool down payment funds and share bills.
Separate living spaces may offer more privacy than sharing one household.
Learning about homes and costs early can help buyers make a more informed plan.

The right fit depends on the property, your financing and your plans. Rent does not remove the need to budget for repairs, taxes, insurance and months when a unit may be empty.

For illustration.

Cost calculator

What could the monthly numbers look like?

Try a few numbers to see how rental income could help offset a mortgage payment. This is a starting point, and I can help you build a more personal budget.

Purchase price (CAD)

Down payment

Annual mortgage interest rate (%)

Example rate of 5%. This is not a current rate offer.

Amortization period (years)

Enter a whole number between 5 and 30 years.

Expected monthly rent from the other unit (CAD)

Sample input of $1,800 per month. This is not a rental estimate for an actual property.

Estimated results

Down payment

$75,000

Mortgage default insurance premium

$20,925

Estimated mortgage amount (incl. financed premium)

$695,925

Estimated monthly mortgage payment

$4,047.31

Expected monthly rent (gross)

$1,800

Mortgage payment after rent, before other costs

$2,247.31

% of mortgage payment offset by gross rent

44.5%

Gross rent means expenses have not been deducted.

Include other monthly costs

Add the amounts you know. Until you enter an amount, each cost defaults to $0 and the total is marked incomplete.

Property tax

Home insurance

Owner-paid utilities

Maintenance and repairs

Reserve for months without rent

Other costs

Incomplete estimate

Estimated monthly costs before rent

$4,047.31

Including expected rent

Estimated monthly costs after rent

$2,247.31

This calculator assumes the buyer will occupy one unit. Financing for a property where the buyer does not live may differ. It does not determine mortgage approval or apply the full mortgage qualification process.

Estimates only. Your actual payments, insurance, rent and expenses may differ. Rental income is not guaranteed. Closing costs and income taxes are not included. A mortgage professional can confirm financing options.

Want a budget built around your plans?

I can help you look at the purchase price, expected rent and other costs so you have a clearer picture.

Book My Personal Budget Call

Aerial view of Hamilton Mountain and the city below.

Hamilton Mountain, Hamilton, Ontario

The collection

A local search, put together with care.

Listed powers the search. I'm here to help you understand the homes, the numbers and your next steps.

The collection is a starting point. Being listed as a duplex does not confirm the property's legal use, permits, fire safety or rental suitability.

Stay informed

Stay informed, even before you are ready to move.

Explore homes in the Canadian markets available through the app.
Search beyond this duplex collection.
Save favourite properties.
Create saved searches.
Receive matching listing alerts.
Follow price and status changes where available.
Watch the neighbourhood where you live.
Explore a neighbourhood you may want to move to later.

The Listed app is available for iOS and Android. Some features or data may require an account and depend on location; not every property in Canada is covered.

You do not have to be ready to buy to stay informed. Access is included through my network at no cost, with no commitment to purchase a home.

Get Access Through My Network

Duplex checklist

10 things to check before buying a duplex

01
Legal use

Is the property approved for its current two-unit setup?
02
Safety and permits

What permits, inspections and fire safety records are available?
03
Current tenants

Who lives there now, and what leases, rents and obligations are in place?
04
Your move-in plan

Will the unit you want to live in actually be available? Do not assume a buyer can immediately move into an occupied unit.
05
Realistic rental income

What rent is supported by comparable units, and what restrictions or existing tenancies affect it?
06
Full monthly costs

What should you budget for beyond the mortgage?
07
Property condition

What repairs or updates might be needed soon?
08
Everyday living

How do entrances, parking, laundry, outdoor space and utilities work?
09
Financing and insurance

Will the property and your intended use fit your lender's and insurer's requirements?
10
Buying together

How will you handle ownership shares, bills, repairs, disagreements and someone wanting to sell?

You do not need to figure this out alone. I can help you ask the right questions and connect with the right people.

About Tory

Local knowledge. Clear guidance. Room to ask questions.

My name is Tory Akene. I am a REALTOR®. I was born and raised in Hamilton.

I help people explore buying and selling options on Hamilton Mountain. I believe people should understand their options before making a decision.

I can help connect buyers with mortgage, legal and other professionals.

REALTOR® · 5015411 · ON · Real Broker Ontario Ltd., Brokerage

Your support team

You have people to help you get to the finish line.

Tory, your REALTOR®

Finding suitable homes, comparing options and guiding negotiations.

Mortgage broker

Reviewing financing, qualification and treatment of rental income.

Real estate lawyer

Reviewing the purchase, ownership structure and any co-ownership agreement.

Home inspector and qualified trades

Assessing condition and possible repairs.

Insurance broker

Reviewing coverage for the property and intended use.

Moving company

Helping when it is time to move.

I can introduce trusted professionals when needed, and you can choose your own providers. These services are not included at no cost.

Personal budget call

Let's see what the numbers could look like for you.

I can help prepare a custom budget sheet covering:

Purchase price and down payment.
Estimated mortgage payment.
Property-specific rental estimates based on available comparable information.
Ongoing monthly costs.
Ontario closing costs, including land transfer tax, legal fees, adjustments and other applicable expenses.
Repairs and reserves to plan for.
Questions for a mortgage broker or lawyer.

Rental figures and budgets are estimates. Financing, tax and legal advice come from the appropriate professionals.

Book My Personal Budget Call

Opens Tory's public Google Calendar booking page in a new tab.

Local connection

Born and raised in Hamilton, I'm Tory Akene, a local REALTOR® who loves helping buyers find creative ways to become homeowners. I've put together this list using Listed to help you explore homes that may offer more than just a place to live.

Get access

Get your Hamilton Mountain duplex search.

Tell me a little about what you are exploring. After you submit, a link will appear so you can sign up with Listed and open my curated collection.

First name *

Last name *

Email address *

Phone number *

City or area of interest *

What are you exploring?

Have you had a mortgage pre-approval in the last three months?

Are you currently under contract with a REALTOR® to help you buy a home?

When might you want to buy? (optional)

Tory Akene, REALTOR®

Real Broker Ontario Ltd., Brokerage · 130 King Street West, Suite 1900, Toronto, ON M5X 1E3

tory@northgroup.com · 289-814-TORY (8679)

FAQ

Common questions, clear answers

Do I need to be ready to buy?

No. This resource can help you learn about homes, prices and neighbourhoods while you plan ahead.

Does access cost anything?

Access is included at no cost through my network.

Am I agreeing to buy a home or work with Tory?

No. Joining does not commit you to buying a home or signing a representation agreement.

What happens after I fill out the form?

A screen appears with the link to my Listed collection. Follow Listed's sign-up steps to access the homes.

Will Tory stay in touch?

Yes. By joining, you agree to receive helpful real estate emails, neighbourhood news and property updates. You can unsubscribe at any time.

Can I search other homes and neighbourhoods?

Yes. You can use the searches available through Listed beyond this collection. Features and listing coverage depend on location.

Are all homes in the collection legal duplexes?

These are homes listed as duplexes. Legal use, permits, safety, tenancies and rental suitability need to be checked for each property.

Will rental income cover my mortgage?

That depends on the purchase price, financing, rent and expenses. Rental income may help offset costs, but it is not guaranteed.

Does the calculator show every cost?

The calculator gives an estimate based on the information entered. Closing costs and taxes on rental income are not included. Use the extra-cost fields for a fuller monthly estimate and book a call for help with a personal budget.

Can I buy with a family member or friend?

That may be an option. Financing and legal advice can help you plan ownership, payments, repairs and what happens if someone wants to sell.

What if I am not pre-approved?

You can still explore and learn. I can connect you with a mortgage professional when you are ready.

What if I am already under contract with a REALTOR®?

You can use this resource to stay informed. Continue working with your REALTOR® for advice, showings and offers.

What if no homes currently match?

Availability changes. An empty collection does not mean the link is broken. You can explore other searches or contact me about your criteria.

Can I stop receiving emails?

Yes. You can unsubscribe at any time.

Start with a clearer picture of your options.

Explore the homes, try the numbers and learn what could work for you. You do not need to have every answer before you begin.

Get Instant Access to the Homes

tory@northgroup.com 289-814-TORY (8679)

Prices and availability can change. Homes in this collection are listed as duplexes; listing classification does not confirm legal duplex status.

Rental income and calculator results are estimates, not guarantees. The calculator assumes the buyer occupies one unit.

Joining does not create a representation agreement with Tory Akene or Real Broker Ontario Ltd., Brokerage.

This page is not intended to solicit buyers or sellers currently under contract with a brokerage.

Tory Akene, REALTOR® · 5015411 · ON · Real Broker Ontario Ltd., Brokerage · 130 King Street West, Suite 1900, Toronto, ON M5X 1E3