$1,575,000
16.91 BTC
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25 West Avenue, Hamilton
$1,575,000
PRICE
7
BEDROOMS
7
BATHROOMS
X13471114
MLSID

25 West Avenue, Hamilton

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:
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Sold History

SOLD
18 October 2024
$825,000

Summary

Address
25 West Avenue
Community
MLSID
X13471114
Property Type
Multiplex
Property Category
Bedrooms
7
Bathrooms
7
Kitchens
7
Zoning
E
Taxes (Annual)
$9,728.00
Tax Year
2025
Published
June 20, 2026
Days on Market
47 Days
Possession Type
Flexible
Possession Details
Flex
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Inclusions

Coin Operated Washer & Dryer

Details

Property Features
Cul de Sac/Dead End, Library, Park, Public Transit, Rec./Commun.Centre, School Bus Route
Basement
Unfinished
Interior Features
None
Parking Spaces
8
Parking Total
8
Parking Features
Mutual
Architectural Style
3-Storey
Roof
Flat
Construction Materials
Stucco (Plaster), Stone
Lot Width
52 Feet
Lot Depth
121 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with REVEL REALTY INC.
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