$1,575,000
Available - For Sale
Listing ID: X13471114
25 West Avenue South , Hamilton, L8N 2S2, Hamilton
| Solid 7-unit investment opportunity in Hamilton's sought-after Corktown neighbourhood. This well-maintained asset features six oversized 1-bedroom + den units and one 1-bedroom basement suite, with the larger units offering strong potential for conversion to 2-bedroom layouts, creating a clear value-add opportunity. Current operations generate a 6.1% cap rate based on existing income and expenses, supported by a stable tenant base and consistent rental demand. The property benefits from separately metered hydro, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear parking area. Six units feature private balconies with rear fire escape access. Well-maintained common areas and attractive landscaping contribute to tenant retention and curb appeal. Ideally situated in a high-demand rental location close to downtown Hamilton, major transit routes, hospitals, employment centres, and everyday amenities. An excellent opportunity for investors seeking stable cash flow with meaningful upside through future unit optimization and rental growth.Private Remarks: |
| Price | $1,575,000 |
| Taxes: | $9728.00 |
| Assessment Year: | 2026 |
| Occupancy: | Owner+T |
| Address: | 25 West Avenue South , Hamilton, L8N 2S2, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | West Ave & Main St E |
| Rooms: | 25 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Stucco (Plaster), Stone |
| Garage Type: | None |
| (Parking/)Drive: | Mutual |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Mutual |
| Park #2 | |
| Parking Type: | Mutual |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Cul de Sac/D, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL REALTY INC. |
|
|
Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stinson |
| Style: | 3-Storey |
| Approximate Age: | 100+ |
| Tax: | $9,728 |
| Beds: | 7 |
| Baths: | 7 |
| Fireplace: | N |
| Pool: | None |
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