25 WEST AVENUE S, Hamilton, Ontario, L8N 2S2

MLS® # X12774136

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Investment For Sale In Stinson, Hamilton, Ontario

$1,650,000

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25 West Avenue S, Hamilton, ON - Outdoor

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Living Room

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Dining Room

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Laundry Room

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Other Room

25 West Avenue S, Hamilton, ON - Photo Showing Other Room

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace

25 West Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen

25 West Avenue S, Hamilton, ON - Outdoor With Exterior

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25 WEST AVENUE S, Hamilton, Ontario, L8N 2S2

$1,650,000

Property Information:

Solid 7-unit investment opportunity in Hamilton's desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one (non-conforming) 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:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Stucco, Stone
Floor Space: 5000 - 100000 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Floor Space (approx): 5000 - 100000 Square Feet
Irregular: Yes
Lot Depth: 121 Feet
Lot Frontage: 52 Feet
Lot Size: 52 x 121 FT
Zoning: D5
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Courtesy of: REVEL REALTY INC.

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