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13 Westinghouse Avenue, Hamilton, ON, L8L 6E4

MLS® # 40679839
Investment For Sale In Gibson, Hamilton, Ontario
$985,000
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
13 Westinghouse Avenue, Hamilton, ON
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13 Westinghouse Avenue, Hamilton, ON, L8L 6E4
$985,000

Property Information:

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.

Inclusions: Other,6 X Fridge, 6 X Stove, Coin Washer/Dryer, Unit 5 Furnishings, Unit 6 Furnishings

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 2084 Square Feet

Property Features:

  • Bedrooms: 9
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1915
  • Construction Materials: Brick Veneer, Wood Siding
  • Cooling: Ductless, Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 2084 Square Feet
  • Heating: Forced Air, Natural Gas, Heat Pump
  • Interior Features: Separate Heating Controls, Separate Hydro Meters, Other
  • Laundry Features: Coin Operated
  • Lot Depth: 102.22 Feet
  • Lot Features: Rectangular, City Lot, Highway Access, Hospital, Park, Public Transit, Shopping Nearby
  • Lot Frontage: 25.58 Feet
  • Roof: Asphalt
  • Water Source: Municipal
  • Zoning: M6
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Keller Williams Signature Realty, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 13 Westinghouse Avenue, Hamilton, ON, L8L 6E4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 13 Westinghouse Avenue , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 13 Westinghouse Avenue , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 13 Westinghouse Avenue, Hamilton, ON, L8L 6E4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,679.82

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

38.46 %

High school certificate or equivalent

30.12 %

Apprenticeship trade certificate/diploma

4.78 %

College/non-university certificate

15.92 %

University Degree

10.71 %

Commuter

Travel To Work

By Car

73.97 %

By Public Transit

12.78 %

By Walking

9.68 %

By Bicycle

0.0 %

By Other Methods

3.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.09 %

Houses

80.91 %

Own Vs. Rent