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6
BEDROOMS3
BATHROOMS3
KITCHENS15
ROOMSX12322732
MLSIDContact Us
Property Description
Legal triplex in Central Hamilton offering nearly 2,500 square feet of finished space, with potential for a 4th Unit. This cash-flowing asset generates over $5,170 in monthly income and is set up for efficient management with 3 hydro meters, 3 gas meters, 2 furnaces, and 3 hot water tanks. All units feature in-suite laundry, and tenants pay their own gas and hydro, keeping operating expenses low. Unit 1 features a main-floor two-bedroom with basement storage, tenanted for $1,950 plus utilities. Unit 2 is a second-floor 2-bedrooam rented at $1,520 plus utilities. Unit 3 is a Vacant third floor 2-bed, currently vacant with a market rate of $1,700 + utilities. Additional value lies in 2-car driveway parking and TOC zoning, which allows for the opportunity to unlock further income through a 4th basement Unit. Located between Main and King streets along the future LRT plans, this property is positioned for long-term growth with proximity to Jackson Square, Hamilton GO Centre, and Hamilton General Hospital. This is an ideal opportunity for investors seeking stable income and future upside.
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Nearby Intersections
Property Features
Hospital, Public Transit, Separate Hydro Meter, Separate Heating Controls
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Property Details
Property Type
Triplex
Lot Size
33' x 75'
Acreage
0.1 Feet
Taxes
$4,785 (2025)
Basement
Full, Unfinished
Heat Type
Other
Heat Source
Other
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Keller Williams Edge Realty
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