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About the Listing HBREVELRLBLD - HBMACGISU2
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.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances: Dryer, Refrigerator, Stove, Washer
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4800
- Below Ground Sq Ft: n/a
- Basement: Full,Partially Finished
- Other: Separate Hydro Meters
- Water: Municipal
Exterior Details
- Lot Description: Ample Parking,Cul-De-Sac,City Lot,High Traffic Area,Highway Access,Library,Park,Place of Worship,Playground Nearby,Public Parking,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 52 x 121
- Zoning: E
- Roof: Asphalt
- Others: Balcony,Controlled Entry,Landscaped,Separate Hydro Meters
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open,Asphalt
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 171770021
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
25 West Ave S Hamilton, ON L8N 2S2
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