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.
Details
X12774136
8
$1,650,000
N/A Acres
5000 + Sqft
N/A
7
7
Multiplex
None
7 + 7
3-Storey
Sale
Additional details
N
N/A
N
Unfinished
None
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12774136 - 25 West Avenue S, Hamilton, ON L8N 2S2?
The total square footage of this property is 5000 + SqFt.
What schools near to X12774136 - 25 West Avenue S, Hamilton, ON L8N 2S2?