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25 West Avenue Hamilton, Ontario

$1,650,000
7 Beds
  7 Full

PROPERTY INFO

Solid 7-unit investment opportunity in Hamilton's desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one (non-conforming) one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential. (id:4555)

PROPERTY SPECS

Price $1,650,000
City Hamilton, Ontario
Bed / Bath 7 / 7 Full
Address 25 West Avenue
Listing ID X12774136
Style Other
Parking 8.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Basement Unfinished, N/A Heating / Cooling Radiant heat, Natural gas Sewer Sanitary sewer Parking 8.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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