Type: Multiplex
Style: 3-Storey
Size: Sq Ft
Age: Years
Taxes: $ 11,060 ( 2025)
Updated: 2026-02-13 04:37:35
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.
Multiplex
Status: For Sale
MLS #: X12774136
Price: $ 1,650,000
Address: 25 West Avenue
Type:
Style: 3-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 11,060
Tax Year: 2025
Lot Size:
Neighbourhood: Stinson
Nearest Intersection: Main Street East
City: Hamilton
Postal Code: L8N 2S2
DOM: 34 Days
Last Update: 2026-02-13 04:37:35
Bedrooms: 7
Bathrooms: 7
Rooms: 0
Kitchens: 7
Family Room:
Fireplace:
Basement: Unfinished,
Central Vacuum:
Exterior: Stucco (Plaster) Stone,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 8.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Radiant
Heat Source: Gas
Air Conditioning: None
Water:
Sewers: