$899,900
9.66 BTC
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683 Seventh Avenue, Hamilton
$899,900
PRICE
3 + 3
BEDROOMS
3
BATHROOMS
X13097588
MLSID

683 Seventh Avenue, Hamilton

Income-Generating Triplex on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box.
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Sold History

SOLD
7 October 2024
$745,000

Summary

Address
683 Seventh Avenue
Community
MLSID
X13097588
Property Type
Detached
Property Category
Bedrooms
3 + 3
Bathrooms
3
Kitchens
1 + 1
Zoning
R1
Taxes (Annual)
$4,478.31
Tax Year
2025
Published
May 7, 2026
Days on Market
17 Days
Possession Type
Flexible
Possession Details
90/Tba
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Inclusions

3 Fridges, 2 Stoves, Dishwasher, B/I Microwave, Basement microwave, Existing light fixtures & window coverings.

Details

Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Basement Level
Bathroom 3
3-Piece Basement Level
Basement
Apartment, Separate Entrance
Interior Features
Accessory Apartment, Carpet Free
Parking Spaces
2
Parking Total
3
Parking Features
Private Double
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
40 Feet
Lot Depth
96 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
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 RE/MAX REAL ESTATE CENTRE INC.
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