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:50964)
Property Details
| MLS® Number | 40840824 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Community Centre |
| Features | Cul-de-sac, Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 8 |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 7 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1910 |
| Cooling Type | None |
| Exterior Finish | Other, Stone, Stucco |
| Foundation Type | Stone |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 4,800 Ft2 |
| Utility Water | Municipal Water |
Parking
| Open |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 121 Ft |
| Size Frontage | 52 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | E |
https://www.realtor.ca/real-estate/29917842/25-west-avenue-s-hamilton
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June 19 2026 10:51:17
REALTORS® Association of Hamilton-Burlington
Revel Realty Inc.