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    For Sale - 102 Rosslyn Avenue, Hamilton, Ontario

    Est payment $3,265/mo
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    Time on Jump  1 days

    AI Summary *

    • Investment property in a 15-property multifamily portfolio available individually or as a package.
    • Five-door rooming house with a self-contained basement unit and strong cap rate.
    • Generates substantial annual rent with potential to increase income with vacant unit.
    • Recent upgrades like a new water heater and furnace reduce immediate costs.
    • Two-car parking adds additional rental income potential for the property.




    This is an investment property offered as part of a 15-property multifamily portfolio for sale across hamilton, windsor, port colborne, and oshawa, ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact mina bishay at exp realty. 102 rosslyn avenue n, hamilton is a five-door rooming house with a self-contained basement unit, offered at a 6. 10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 noi, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and a/c - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
    Listing IDX13541340
    Address102 Rosslyn Avenue
    CityHamilton, Ontario
    Price$680,000
    Bed / Bath4 / 3 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    102 Rosslyn Avenue
    Hamilton , Ontario
    4 3 $680,000
    Get more info