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25 West Avenue S Hamilton (Stinson), Ontario L8N 2S2

7 Bedroom 7 Bathroom 5000 - 100000 sqft
None Radiant Heat

$1,650,000

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. (id:49187)

Property Details

MLS® Number X12774136
Property Type Multi-family
Community Name Stinson
Parking Space Total 8

Building

Bathroom Total 7
Bedrooms Above Ground 7
Bedrooms Total 7
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type None
Exterior Finish Stucco, Stone
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 5000 - 100000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 121 Ft
Size Frontage 52 Ft
Size Irregular 52 X 121 Ft
Size Total Text 52 X 121 Ft
Zoning Description D5

https://www.realtor.ca/real-estate/29343305/25-west-avenue-s-hamilton-stinson-stinson

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