25 West Avenue S, Hamilton, ON L8N 2S2
Hamilton, ON, L8N 2S2 · Stinson
About this property
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:
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: None
- Heat Type: Radiant
- Heat Source: Gas
- Style: 3-Storey
- Construction: Stucco (Plaster), Stone
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 7 |
| Bathrooms | 7 |
| Basement | Unfinished |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $9,728 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Stucco (Plaster), Stone
- Foundation Details
- Stone
- Roof
- Flat
- Basement
- Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Parking Features
- Mutual
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 121.00
- Lot Width
- 52.00
Community & Neighborhood
- Property Features
- Cul de Sac/Dead End, Library, Park, Public Transit, Rec./Commun.Centre, School Bus Route
Financial & Tax
- Tax Annual Amount
- $9,728
- Tax Year
- 2025
- Tax Assessed Value
- $525,000
- Possession Type
- Flexible
- Possession Details
- FLEX
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 25
- Kitchens Above Grade
- 7
- Kitchens Total
- 7
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Owner+Tenant
- Direction Faces
- East
- County Or Parish
- Hamilton
- Cross Street
- West Ave & Main St E
- Directions
- West Ave & Main St E
- Special Designation
- Other
- Showing Requirements
- Lockbox, Showing System
Location
25 West Avenue S, Hamilton, ON L8N 2S2, Hamilton, ON, L8N 2S2