$1,650,000

Multiplex

25 West Avenue, Hamilton, ON

6 DAYS
7
7
0
5,000
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Listed by REVEL REALTY INC.

Property Highlights

Parking

8 spaces

Property Tax

$11,060/yr

Lot Size

6,292 sqft

Style

3-Storey

Basement

Unfinished

Monthly Cost

$7,889/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$6,967
Property Tax ($11,060/yr)$922
Total$7,889

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage