25 West Avenue S,Hamilton (Stinson), ON L8N2S2
Hamilton (Stinson), ON L8N2S2
Description
Solid 7-unit investment opportunity in Hamilton's sought-after Corktown neighbourhood. This well-maintained asset features six oversized 1-bedroom + den units and one 1-bedroom basement suite, with the larger units offering strong potential for conversion to 2-bedroom layouts, creating a clear value-add opportunity. Current operations generate a 6.1% cap rate based on existing income and expenses, supported by a stable tenant base and consistent rental demand. The property benefits from separately metered hydro, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear parking area. Six units feature private balconies with rear fire escape access. Well-maintained common areas and attractive landscaping contribute to tenant retention and curb appeal. Ideally situated in a high-demand rental location close to downtown Hamilton, major transit routes, hospitals, employment centres, and everyday amenities. An excellent opportunity for investors seeking stable cash flow with meaningful upside through future unit optimization and rental growth.Private Remarks: (id:13843)
Details
| MLS # | X13471114 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 127 |
| Listing Provided By | REVEL REALTY INC. | ABDELLAH MAJD |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 5,000 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | E |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Cul-de-sac |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 9728 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Stinson) |
| Postal Code | L8N2S2 |
| Listing VS Median (in L8N2S2) | |
Price: $1,575,000 low | high Med: $1,575,000 sqft: 5,000 low | high Med: 4,900 $ / sqft: $315 low | high Med: $322 On site: 127 low | high Med: 128.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Stinson) |
| Postal Code | L8N2S2 |
| Listing VS Median (in L8N2S2) | |
Price: $1,575,000 low | high Med: $1,575,000 sqft: 5,000 low | high Med: 4,900 $ / sqft: $315 low | high Med: $322 On site: 127 low | high Med: 128.5 | |
