ON
Hamilton (Stinson)
L8N2S2
25 West S Avenue
25 West S Avenue, Hamilton (Stinson), ON L8N2S2
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Listing Type
Multi Family
Listing Status
Active
43
$1,650,000

Home Details for 25 West S Avenue

Price
$1,650,000
Type
Residential Income
Bedrooms
7
Bathrooms
7.0
Square feet
NaN
Parking
Days on site
14
Listing #
X12774136
Property Description

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:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
Listing Courtesy: REVEL REALTY INC.
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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