25 West Ave

Stinson, Hamilton, Ontario L8N 2S2

For Sale · MLS® X13471114 · TRREB MLS®
7
Beds
7
Baths
5000 +
Sqft
None
Parking
Multiplex
Type

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:

01 / Property recordListing details

Key Facts

MLS® #
X13471114
Board
TRREB MLS®
Days on market
Tax
$9,728
Size
5000 + sqft
Lot
52 × 121 Feet
Parking
None, 8 Parking

Listing History

Buy/Sell history for 25 West Ave, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,575,000N/AFor SaleX13471114

Estimated Market Value

Estimated value requires sign in

AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

Property Details

Property

Property Type
Multiplex
Style
3-Storey
Community
Stinson
Municipality
Hamilton

Inside

Bedrooms
7
Bathrooms
7
Bathroom Detail
7, 4pc
Basement Type
Unfinished
Kitchens
7

Utilities

Water
Municipal
Cooling
None
Heating Type
Radiant

Building

Size
5000 + sqft
Construction
Stucco/Plaster

Parking

Driveway
Mutual
Garage Type
None
Add. Parking
8
Total Parking
8

Land

Sewer
Sewers
Lot Size
52 × 121 Feet
Lot Size Code
Feet

Additional

Year built
100+
Foundation
Stone
Roof
Flat
Fireplace
N
Pool
None
Den
N
Family room
N
Extras
Coin Operated Washer & Dryer

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

Comparable Sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$7,220

  • Down payment$315,000
  • Mortgage amount$1,260,000
  • Total interest$906,000
  • Total cost$2,481,000

Cash flow analysis

$7,220

Total monthly payment

$8,031

Break-even down payment

100%

Cash flow-$8,031
03 / Community profileNeighbourhood demographics

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04 / Local performanceMarket details

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$1,575,000

$1,575,000

CAD

Estimated market value

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