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    For Sale - 25 West Avenue, Hamilton, Ontario

    Est payment $7,563/mo
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    Views   4
    Time on Jump  14 day

    AI Summary *

    • Solid 7-unit investment opportunity in a desirable Corktown neighbourhood.
    • Oversized 1-bedroom units with potential to convert into 2-bedroom layouts.
    • Generates a 6.1% cap rate supported by stable tenant demand.
    • Six units with private balconies and shared laundry facilities.
    • Ideally located near downtown, transit routes, hospitals, and amenities.




    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:
    Listing IDX13471114
    Address25 West Avenue
    CityHamilton, Ontario
    Price$1,575,000
    Bed / Bath7 / 7 Full
    Style3-Storey, Multiplex
    ConstructionStucco (Plaster),Stone
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneAmenities Cul de Sac/Dead End, Library, Park, Public Transit, Rec./Commun.Centre, School Bus RouteOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  REVEL REALTY INC.

    * 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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    25 West Avenue
    Hamilton , Ontario
    7 7 $1,575,000
    Get more info