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$799,900
Available - For Sale
Listing ID: X13614794
Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* Cap rate of 4.99% when fully rented. This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.
Price $799,900
Taxes: $3,830.79
Assessment Year: 2026
Occupancy by: Partial
Address: 54 Frederick Avenue , Hamilton, L8H 4K4, Hamilton
Directions/Cross Streets: Ottawa and Cannon
Rooms: 14
Bedrooms: 5
Bedrooms +: 1
Washrooms: 3
Family Room: T
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Dining Ro 11.78 11.97
Room 2: Main Foyer 9.91 7.74
Room 3: Main Kitchen 11.05 10.66
Room 4: Main Living Ro 14.24 10.63
Room 5: Second Primary B 11.55 11.15
Room 6: Second Bedroom 10.59 10.66
Room 7: Second Bedroom 8.17 12.96
Room 8: Second Office 13.38 11.18
Room 9: Second Bathroom 8.53 3.97 4 Pc Bath
Room 10: Main Kitchen 7.74 7.51
Room 11: Main Living Ro 11.61 14.43
Room 12: Main Bedroom 8.99 10.46
Room 13: Main Bathroom 5.51 5.48 3 Pc Bath
Room 14: Second Kitchen 7.41 7.84
Room 15: Second Living Ro 14.46 11.51
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  3 Second
Washroom 3:  3 Main
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Second
Washroom 7:  3 Second
Washroom 8:  3 Main
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Second
Washroom 12:  3 Second
Washroom 13:  3 Main
Washroom 14:  0
Washroom 15:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Street Onl
Drive Parking Spaces: 0
Park #1
Parking Type: Street Onl
Park #2
Parking Type: Street Onl
Pool: None
Approximatly Square Footage: 2000-2500
Property Features: Public Trans
Place Of Worship
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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EXP REALTY

54 Frederick Avenue , Hamilton, L8H 4K4, Hamilton

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

 
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Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Crown Point
Style: 2-Storey
Lot Size: x 70.14(Feet)
Approximate Age:
Tax: $3,830.79
Maintenance Fee: $0
Beds: 5+1
Baths: 3
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