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25 West Avenue S Hamilton, Ontario L8N 2S2

6 Bedroom 7 Bathroom 4800 sqft
None Radiant Heat

$1,650,000

Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one bachelor suite, 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:40227)

Property Details

MLS® Number 40803671
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, Community Centre
Features Cul-de-sac, Paved Driveway, Laundry- Coin Operated
ParkingSpaceTotal 8

Building

BathroomTotal 7
BedroomsTotal 6
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1910
CoolingType None
ExteriorFinish Other, Stone, Stucco
FoundationType Stone
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 4800 Sqft
UtilityWater Municipal Water

Parking

Open

Land

AccessType Highway Access
Acreage No
LandAmenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 121 Ft
SizeFrontage 52 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription E

https://www.realtor.ca/real-estate/29341751/25-west-avenue-s-hamilton

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RE/MAX Real Estate Centre Inc.
1070 Stone Church Road East #42, #43
Hamilton, Ontario L8W 3K8

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