$949,900Asking Price
Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.
Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
Stinson, Hamilton is a west GTA neighbourhood notable for its singles, renters, business professionals, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of adults aged 25 to 49, 25 to 49 and 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)
71%
of residents
are renters.
71% renters
Hamilton (32%)
26%
of residents are
university grads.
26% university grads
Hamilton (28%)Average Household Income
$62K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 10% |
| Business | 9% |
| Government | 7% |
| Manufacturing | 6% |
23%
of residents were
born outside of Canada.
23% immigrants
Hamilton (25%)4.9% from Philippines
All-time
1.7% from Philippines
Recent
Foreign Languages
| French | 3% |
| Tagalog | 3% |
| Spanish | 2% |
| Arabic | 1% |
| Portuguese | 1% |
Religions
| Christian | 57% |
| Muslim | 3% |