25 West Avenue S, Hamilton, ON L8N 2S2
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:
Basement
Unfinished
Bathrooms
7 × 4-piece
Fireplace
No
Family room
No
Kitchens
7
Rooms (above / below grade)
25 above, 0 below
Approximate age
100+
Architectural style
3-Storey
Construction materials
Stucco (Plaster), Stone
Foundation
Stone
Roof
Flat
Direction faces
East
Garage type
None
Garage spaces
0
Total parking spaces
8
Driveway parking
8
Parking features
Mutual
Lot size
52 x 121 ft
Cross street
West Ave & Main St E
Directions
West Ave & Main St E
Neighbourhood
Stinson
Heating
Radiant — Gas
Water
Sewer
Sewer
List price
$1,575,000
Original list price
Annual taxes
$9,728
Tax year
2025
Assessed value
$525,000
Assessment year
2026
Legal description
LT 59, PL 223 , S/S OF KING ST ; HAMILTON
Inclusions
Exclusions
MLS #
X13471114
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Multiplex
Days on market
List date
Possession
FLEX
Occupancy
Owner+Tenant
Listing brokerage
REVEL REALTY INC.
$3,100,000
Median list price
3
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$7,551
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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