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:
| MLS # | X13471114 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 138 |
| Listing Provided By | REVEL REALTY INC. | X13471114 344711 |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.14 |
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Flat |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Stucco (Plaster), Stone |
| Garage Yes / No | No |
|---|---|
| Parking Features | Mutual |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 9728 |
|---|---|
| Tax Assessed Value | 525000 |
| Tax Legal Description | LT 59, PL 223 , S/S OF KING ST ; HAMILTON |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2S2 |
| Area | Stinson |
| Listing VS Median (in L8N 2S2) | |
Price: $1,575,000 low | high Med: $0 On site: 138 low | high Med: | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2S2 |
| Area | Stinson |
| Listing VS Median (in L8N 2S2) | |
Price: $1,575,000 low | high Med: $0 On site: 138 low | high Med: | |
![]() | $1,575,00025 West Avenue SHamilton, ON L8N 2S2 |