$1,575,000
Est. payment $6,974/moCalculate yours
25 West Avenue S, Hamilton, ON L8N 2S2
Stinson, Hamilton, ON L8N 2S2
- 7 Beds
- 7 Baths
- 5,000 Sq Ft
Listing courtesy of REVEL REALTY INC. MLS® X13471114
About this home
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 details
Overview
- Property Type
- Multiplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 5,000 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 7
- Kitchens
- 7
- Basement
- Unfinished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Stone
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 52 x 121 Feet
- Parking
- None garage · 8 total
- Zoning
- E
Financial
- Property Taxes
- $9,728 (2025)
Location
- Neighbourhood
- Stinson
- Cross Street
- West Ave & Main St E
- Direction Faces
- East
Listing
- MLS® Number
- X13471114
- Days on Market
- 123
- Listed On
- 2026-06-17
- Possession
- FLEX
- Listed By
- REVEL REALTY INC.
Features
Interior
- None
Property
- Cul de Sac/Dead End
- Library
- Park
- Public Transit
- Rec./Commun.Centre
- School Bus Route
Pool
- None
- Included
- Coin Operated Washer & Dryer
Mortgage calculator
Estimated mortgage payment
$6,974 per month
- Principal and interest
- $6,974
- Property tax
- $811
- Condo fees
- $0
- Estimated monthly cost
- $7,784
Your mortgage
- Mortgage amount
- $1,260,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $832,128
Cash to close
- Down payment
- $315,000
- Land transfer tax
- $27,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $342,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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