25 West Avenue S, Hamilton
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. (id:1945)
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Property details for 25 West Avenue S, Hamilton
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 7
- Living Area
- 4,800 square feet
- Stories
- 3
- Basement
- Partially finished, Full
- Parking
- Open
- Heating
- Radiant heat
- Cooling
- None
- Exterior
- Stone, Stucco, Other
- Ownership
- Freehold
- Annual Taxes
- $9,728
Nearby Listings Stat
Estimated price and comparable properties near 25 West Avenue S
Active Listings
1
Min Price
$1,575,000
Max Price
$1,575,000
Avg Price
$1,575,000
Days on Market
110
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
June 17, 2026
by Revel Realty Inc.
Current Price
$1,575,000
-4.5% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,575,000 | $75,000 (-4.5%) |
| Jun 17, 2026 | $1,650,000 | Listed |
