683 SEVENTH Avenue S, Hamilton, ON L8V 1Z1
Hamilton, ON, L8V 1Z1 · Macassa
About this property
Income-Generating 3 legal units 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.
Features & Amenities
- Basement: Apartment, Separate Entrance
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Basement | Apartment, Separate Entrance |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,478 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment, Carpet Free
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Apartment, Separate Entrance
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 3.00
- Parking Features
- Private Double
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 96.20
- Lot Width
- 40.08
Community & Neighborhood
- Property Features
- Hospital, Park, Public Transit, Rec./Commun.Centre, School
Financial & Tax
- Tax Annual Amount
- $4,478
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- 90/tba
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Owner+Tenant
- Direction Faces
- North
- County Or Parish
- Hamilton
- Cross Street
- SOUTH ON UPPER GAGE AVE
- Directions
- Upper Gage to Seventh
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
683 SEVENTH Avenue S, Hamilton, ON L8V 1Z1, Hamilton, ON, L8V 1Z1