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For Sale

25 West Avenue S, Hamilton, ON L8N 2S2

Stinson · Hamilton · ON · L8N 2S2

$1,575,000
$315/sqft
7 beds7 baths5,000 sqft8 parkingMultiplex

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25 West Avenue S, Hamilton, ON L8N 2S2Request a viewing

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:

Property Type
Multiplex
Style
3-Storey
Bedrooms
7
Bathrooms
7
Square Feet
5,000
Year Built
Parking
8
Basement
Unfinished
Taxes
$9,728/yr
Market insight: Homes in Stinson have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →