25 West Avenue S Hamilton, Ontario L8N 2S2
$1,575,000
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. (id:61499)
Property Details
| MLS® Number | 40840824 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, Community Centre |
| Features | Cul-de-sac, Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 7 |
| BedroomsTotal | 7 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1910 |
| CoolingType | None |
| ExteriorFinish | Other, Stone, Stucco |
| FoundationType | Stone |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 4800 Sqft |
| UtilityWater | Municipal Water |
Parking
| Open |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 121 Ft |
| SizeFrontage | 52 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | E |
https://www.realtor.ca/real-estate/29917842/25-west-avenue-s-hamilton
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Suzanne Tavares
Salesperson
12 James Street North Unit: 201-A
Hamilton, Ontario L8R 2J9
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June 19 2026 10:51:17
Revel Realty Inc.