Exceptional Turnkey Investment Opportunity - 172 Markland Avenue, Hamilton. Add asolid income-producing asset to your portfolio with this well-maintained 6-unitpurpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4spacious two-bedroom units, this property offers a desirable unit mix with strongrental appeal and consistent income potential. Professionally managed, thebuilding has benefited from numerous capital upgrades over the years, allowinginvestors to acquire a property with ongoing care and reduced maintenanceconcerns. Tenants enjoy the convenience of shared laundry facilities located inthe partially finished basement, while the lower level also offers additionalstorage and future potential. Situated in an established neighbourhood withconvenient access to public transit, shopping, schools, parks, and major commuterroutes, this investment is well-positioned to attract and retain quality tenants.Whether you're expanding your portfolio or entering the multi-residential market,172 Markland Avenue presents an excellent opportunity to own a professionallymanaged, income-generating property in one of Hamilton's strong rental markets.
| MLS # | 40862374 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $2,520 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 62 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Brad Magarrey |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,542 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | D |
| Acreage | 0.10 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | Wall Unit(s) |
| Cooling Yes / No | No |
| Heating | Radiant |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite, Shared |
| Lot Features | Rectangular, City Lot, Highway Access, Hospital, Library, Park, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Aluminum Siding, Stucco |
| Roof | Asphalt Shing |
| Foundation Details | Stone |
| Garage Spaces | 2 |
|---|---|
| Parking Features | Detached Garage |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 11850.55 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8P 2K5 |
| Area | 12 Hamilton West |
| Subarea | 124 Durand South |
| Community Name | 124 Durand South |
| Listing VS Median (in 124 Durand South) | |
Price: $1,200,000 low | high Med: $799,900 sqft: 3,542 low | high Med: 1,520 $ / sqft: $339 low | high Med: $526 On site: 62 low | high Med: 22 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8P 2K5 |
| Area | 12 Hamilton West |
| Subarea | 124 Durand South |
| Community Name | 124 Durand South |
| Listing VS Median (in 124 Durand South) | |
Price: $1,200,000 low | high Med: $799,900 sqft: 3,542 low | high Med: 1,520 $ / sqft: $339 low | high Med: $526 On site: 62 low | high Med: 22 | |
![]() | $1,345,000279 Hess Street SHamilton, ON L8P 3P6 |