13 Westinghouse Ave

13 Westinghouse Ave
13 Westinghouse Ave
13 Westinghouse Ave
+28
9
 bed
6
 bath
4
 parking
2000 - 2500
 sqft
Multiplex
$985,000
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$985,000
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Size
-
Lot size
242.94 sqm
Street frontage
W
Possession
Flexible
Price per sqm
$4,246 - $5,296
Taxes
$4,727 (2024)
Parking Type
-
Style
3-Storey
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Description
Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. Financials available upon request.

EXTRAS:
Broker: Keller Williams Signature Realty, Brokerage
MLS®#: X10440794
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
186-232 sqm
Lot front:
7.92 M
Lot depth:
31.09 M
Listed on:
Nov 22, 2024
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Instant estimate:
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$43,899
lower than listed price
i
High
$972,099
Mid
$941,101
Low
$905,812
Jeff Augustine
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X10440794
Listed by Keller Williams Signature Realty, Brokerage

About 13 Westinghouse Ave

Located at 13 Westinghouse Ave, this Hamilton multiplex is available for sale. 13 Westinghouse Ave has an asking price of $985000, and has been on the market since November 2024. This 2000-2500 sqft multiplex has 9 beds and 6 bathrooms.

13 Westinghouse Ave, Hamilton City is a short distance away from Country Style for that morning caffeine fix and if you're not in the mood to cook, 541 Exchange & Eatery, Hot Stone Pizza & Shawarma and Esplanada Cafe Restaurant are near this multiplex. Groceries can be found at Duarte Supermarket which is a 4-minute walk and you'll find Cipolla, Joseph DDS not far as well. 13 Westinghouse Ave, Hamilton City is nearby from great parks like Woodland Park and Pinky Lewis Parkette.

If you are reliant on transit, don't fear, 13 Westinghouse Ave, Hamilton City has a public transit Bus Stop (BARTON at SANFORD) only steps away. It also has route Barton close by.