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$985,000
Available - For Sale
Listing ID: X10440794
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.
Price $985,000
Taxes: $4,727
Assessment: $332000
Assessment Year: 2024
Address: 13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario
Lot Size: 25.58 x 102.22 (Feet)
Directions/Cross Streets: Westinghouse / Barton St E
Rooms: 22
Bedrooms: 9
Washrooms: 6
Kitchens: 6
Family Room: N
Basement: None
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 2nd
Washroom 3:  3 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Hospital
Park
Public Transit
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Wall Unit
Laundry Level: Main
Sewers: Sewers
Water: Municipal
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KELLER WILLIAMS SIGNATURE REALTY

13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 3-Storey
Lot Size: 25.58 x 102.22(Feet)
Approximate Age: 100+
Tax: $4,727
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908