102 Rosslyn Avenue N, Hamilton, ON L8L 7P4
Hamilton, ON, L8L 7P4 · Crown Point
About this property
102 Rosslyn Avenue N, Hamilton is an investment property within a portfolio. A five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,130 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 20.00
Financial & Tax
- Tax Annual Amount
- $3,130
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Available
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 7
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Hamilton
- Cross Street
- Rosslyn Ave. & Roxborough Ave.
- Directions
- Roxborough Ave. South on Rosslyn Ave.
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
102 Rosslyn Avenue N, Hamilton, ON L8L 7P4, Hamilton, ON, L8L 7P4