25 West Ave S Immeuble residentiel 13 lots 979 813 € (75 370 €/Lot) Hamilton, ON L8N 2S2

Discover a solid investment opportunity in Hamilton’s highly desirable Corktown neighborhood at 25 West Avenue S. This seven-unit multi-family property is positioned to deliver immediate cash flow with value-add potential, making it an attractive acquisition for investors seeking both stability and upside.
The asset comprises six oversized one-bedroom plus den units and a one-bedroom basement suite, with a proven ability to generate consistent income, supported by a strong tenant base. Current operations deliver an approximate cap rate of 5.8%–6.1%, with additional gains achievable through strategic reconfiguration to create two-bedroom layouts. Each unit is separately metered for hydro, and the property includes shared laundry facilities, one storage locker, and eight surface parking spaces in a recently paved rear lot.
Thoughtfully maintained common areas, private balconies on six units with rear fire escape access, and attractive landscaping enhance the property’s long-term appeal. Its prime location near downtown Hamilton ensures superb connectivity to major transit routes, employment hubs, hospitals, and shopping amenities—fueling consistent rental demand. This is an exceptional opportunity to secure a well-performing asset with clear pathways to enhanced revenue through unit optimization and rental growth.