$1,650,000
$1,650,000
Multiplex25 West Avenue, Hamilton, ON
6 DAYSon market
7Bedrooms
7Bathrooms
0Garage
5,000Sq Ft











































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Listed by REVEL REALTY INC.
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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