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$1,575,000
Available - For Sale
Listing ID: X13471114
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: $9,728
Assessment Year: 2026
Occupancy by: 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
Washrooms: 7
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
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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REVEL REALTY INC.

25 West Avenue South , Hamilton, L8N 2S2, Hamilton

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style: 3-Storey
Lot Size: x 121.00(Feet)
Approximate Age: 100+
Tax: $9,728
Maintenance Fee: $0
Beds: 7
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949