25 West Avenue S, Hamilton, Ontario L8N 2S2

Listed for:
$1,650,000
7 beds
7 baths
Listed 6 days ago
25 West Avenue S, Hamilton, Ontario L8N 2S2

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About

Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and 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:27476)

Property Highlights

MLS® Number
40803671
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
8

Building

Storeys
3.00
Square Footage
4800 sqft
Bathrooms Total
7
Bedrooms Total
7
Amenities
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Other, Stone, Stucco
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Revel Realty Inc.
MLS® number:
40803671
Agent:
Suzanne Tavares
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Street Spotlight - For sale