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25 West Avenue S Hamilton, Ontario L8N 2S2

7 Bedroom 7 Bathroom 4800 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 40803671
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area, Community Centre
Features Cul-de-sac, Paved Driveway, Laundry- Coin Operated
Parking Space Total 8

Building

Bathroom Total 7
Bedrooms Total 7
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1910
Cooling Type None
Exterior Finish Other, Stone, Stucco
Foundation Type Stone
Heating Type Radiant Heat
Stories Total 3
Size Interior 4800 Sqft
Utility Water Municipal Water

Parking

Open

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 121 Ft
Size Frontage 52 Ft
Size Total Text Under 1/2 Acre
Zoning Description E

https://www.realtor.ca/real-estate/29341751/25-west-avenue-s-hamilton

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