25 WEST Avenue S, Hamilton, Ontario, L8N2S2

Property Description

Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential. (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 7
• Bathrooms: 7
• Living Area: 4,800 sq ft (445.9 m²)
• Above Grade: 4,800 sq ft (445.9 m²)
• Year Built: 1910
• Ownership: Freehold
• Parking: 8 spaces (Open)
• Frontage: 52 ft (15.8 m)

Costs

• Annual Taxes: $11,060.00

Listing Provided by: Revel Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.