Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

25 West Avenue S, Hamilton, ON L8N 2S2 (Main Street East)
$ 1650000 - MLS : X12774136

From Our Gallery

Description

Solid 7-unit investment opportunity in Hamilton's desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one bachelor suite, 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.

Location Description

Main Street East

Property Detail

Community: Stinson
Property Type: Tenant/Residential Freehold
Bedrooms: 7
Bath: 7
Garages: None
Annual Property Taxes : $ 11060

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Stucco (Plaster)-Stone
Total Parking Space : 8
Parking Type : None

Amenities

Heating : RadiantGas
Sewer : Sewer ,

Listing Contracted With: REVEL REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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