Size
4800 sqft
Lot size
6292 sqft
Street frontage
-
Possession
-
Price per sqft
$344
Taxes
$11,060 (2025)
Parking Type
-
Style
Other
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Description
Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts.
Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas.
Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential.
Broker: Revel Realty Inc.
MLS®#: 40803671
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
Other
MLS Size:
4800 sqft
Lot front:
52 Ft
Lot depth:
121 Ft
Listed on:
Feb 9, 2026
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