$599,900
Est. payment $2,656/moCalculate yours
4 Rosemont Avenue, Hamilton, ON L8L 6M4
Stipley, Hamilton, ON L8L 6M4
- 6 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of EXP REALTY MLS® X13518762
About this home
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton’s Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city’s future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Development Potential
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Not Applicable
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45.08 x 22.29 Feet
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $2,400 (2025)
Location
- Neighbourhood
- Stipley
- Cross Street
- Barton St E and Sherman Ave N
- Direction Faces
- South
Listing
- MLS® Number
- X13518762
- Days on Market
- 109
- Listed On
- 2026-07-01
- Listed By
- EXP REALTY
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,656 per month
- Principal and interest
- $2,656
- Property tax
- $200
- Condo fees
- $0
- Estimated monthly cost
- $2,856
Your mortgage
- Mortgage amount
- $479,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,948
Cash to close
- Down payment
- $119,980
- Land transfer tax
- $8,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,453
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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