154-156 Freelton Road, Hamilton
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. (id:1945)
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Property details for 154-156 Freelton Road, Hamilton
- Type
- Multi-family
- Bedrooms
- 13
- Bathrooms
- 11
- Lot Size
- 66 x 252 FT
- Stories
- 2
- Basement
- Partially finished, Full, Walk out, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Wall unit
- Exterior
- Vinyl siding
- Annual Taxes
- $5,253
Nearby Listings Stat
Estimated price and comparable properties near 154-156 Freelton Road
Active Listings
1
Min Price
$1,550,000
Max Price
$1,550,000
Avg Price
$1,550,000
Days on Market
115
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
Neighbourhood Census Data
Hamilton, Ontario
Population
527
Median Age
44.6
Median Income
$38,464
Dwelling Value
$599,069
Housing Tenure
Owners 67%
Renters 30%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 723.1/km²
Avg Shelter Cost: $1,713/mo
Owners with Mortgage: 62.1%
Owners Spending 30%+: 17.2%
Tenants Spending 30%+: 0%
English only: 95.2%
English and French: 4.8%
Median Household Income: $91,008
Median Employment Income: $36,096
Price History
Listed
May 28, 2026
by RE/MAX ESCARPMENT REALTY INC.
Current Price
$1,550,000
Type
Multi-family
For Sale