4 Rosemont Avenue, Hamilton, Ontario L8L 6M4

Listed for:
$599,900
6 beds
3 baths
Listed Today
Triplex for rent: 4 Rosemont Avenue, Hamilton, Ontario L8L 6M4

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About

Cross Streets: Barton St E and Sherman Ave N. ** Directions: Rosemont Ave. This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 4 Rosemont Avenue Hamilton is an investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio. (id:27476)

Property Highlights

MLS® Number
X13518762
Type
Multi-family
Community Name
Stipley
Land Size
45.1 x 22.3 FT
Parking Space Total
1

Building

Building Type
Triplex
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X13518762
Agent:
Mina Bishay
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