$1,550,000
Est. payment $6,863/moCalculate yours
154-156 Freelton Road, Hamilton, ON L8B 0Z5
Freelton, Hamilton, ON L8B 0Z5
- 13 Beds
- 11 Baths
- 1 Garage
- 5,000 Sq Ft
Listing courtesy of RE/MAX ESCARPMENT REALTY INC. MLS® X13207934
About this home
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don’t come around often. RSA.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Extension
- Approximate Age
- 51-99
- Size
- 5,000 sqft
Interior
- Bedrooms
- 13
- Bathrooms
- 11
- Kitchens
- 8
- Basement
- Full, Partially Finished, Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air, Wall Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 66 x 252 Feet
- Parking
- Attached garage · 9 total
Financial
- Property Taxes
- $5,253 (2025)
Location
- Neighbourhood
- Freelton
- Cross Street
- Freelton Rd & North Street
- Direction Faces
- East
Listing
- MLS® Number
- X13207934
- Days on Market
- 144
- Listed On
- 2026-05-27
- Possession
- IMMEDIATE
- Listed By
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
- Included
- 8x STOVE, 8x FRIDGE, WASHER, DRYER
- Rental items
- 2x HOT WATER TANK
Mortgage calculator
Estimated mortgage payment
$6,863 per month
- Principal and interest
- $6,863
- Property tax
- $438
- Condo fees
- $0
- Estimated monthly cost
- $7,301
Your mortgage
- Mortgage amount
- $1,240,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $818,919
Cash to close
- Down payment
- $310,000
- Land transfer tax
- $27,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $337,475
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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