$1,575,000
 $8,455 est/mo Sourced by Back At You

25 West Avenue S,Hamilton, ON L8N 2S2

Hamilton, ON L8N 2S2

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Description

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:

Details

MLS #X13471114
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site138
Listing Provided ByREVEL REALTY INC. | X13471114 344711

Features

Bed(s)7
Bath(s)7
BasementY
Story(s)3
Acreage0.14

Interior

Interior FeaturesNone
CoolingNone
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofFlat
Foundation DetailsStone
Construction MaterialsStucco (Plaster), Stone

Parking

Garage Yes / NoNo
Parking FeaturesMutual

Utilities

SewerSewer

Taxes

Tax Annual Amount9728
Tax Assessed Value525000
Tax Legal DescriptionLT 59, PL 223 , S/S OF KING ST ; HAMILTON
Tax Year2025

Area Information

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8N 2S2
AreaStinson
Listing VS Median (in L8N 2S2)
Price:
$1,575,000
low | high
Med:
$0
On site:
138
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8N 2S2
AreaStinson
Listing VS Median (in L8N 2S2)
Price:
$1,575,000
low | high
Med:
$0
On site:
138
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.181M - $1.968M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
25 West Avenue S Property Photo 1
$1,575,000
25 West Avenue S
Hamilton, ON L8N 2S2
Listing Updated: September 29, 2026 at 11:21:11 PM PDT