Gurvinder Nokwal REALTOR®
For Sale Multiplex 123 days on market

$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
Map

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

Minimum for this price: $315,000 (20%)

Amortization, years

Estimated mortgage payment

$6,974 per month

Principal and interest
$6,974
Property tax
$811
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
Total, before legal fees
$342,975
Talk to me about financing

Estimates 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

25 West Avenue S, Hamilton, ON L8N 2S2 Stinson, Hamilton, ON L8N 2S2
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,575,000 25 West Avenue S, Hamilton, ON L8N 2S2
Request a showing