Address: 25 WEST Avenue S, Hamilton FOR SALE Subdivision: 142 - Corktown Postal Code: L8N2S2 Style: Bedrooms: 7 Bathrooms: 7 Parking: Open Garage: Open Lot Size (Approximate): 52 ft x 121 ft Stories: 3
About 25 West Avenue S
SSolid 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:56071). Get more information on 25 West Avenue S
Property Features
Features: Cul-de-sac, Paved driveway, Laundry- Coin operated Rental Equipment: Zoning Description: E Interior Size (Approximate): 4800 sqft Community Features: High Traffic Area, Community Centre Access: Highway access Lot (Approximate): under 1/2 acre Exterior Finish: Other, Stone, Stucco Water: Municipal water, Municipal sewage system Heating / Cooling: / None Age (Approximate): 1910 Foundation: Stone Constructed Date: 1910 Basement: Full (Partially finished) Partially finished
Rooms & Sizes
(Approximate)
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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