$899,900
Available - For Sale
Listing ID: X12064395
181 West Aven North , Hamilton, L8L 5C7, Hamilton


Prime Hamilton Centre Freehold Investment - Opportunity is knocking with this fantastic 4-unit freehold investment property in the heart of Hamilton Centre on West Avenue! Fully renovated with modern finishes, this turn-key property features three occupied units with AAA tenants and one vacant unit, perfect for owner-occupancy or an additional rental opportunity. Property Highlights: Shared laundry in the basement with potential to finish the basement for additional income (2-br unit has its own washer-dryer). Basement has been professionally waterproofed w/sump-pump. Rear parking for 6 cars for tenant convenience, or potential expansion/ADU. Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1- $1,071.63/month, Unit 2- $1,913.27/month, Unit 3-$1,523.40/month, Unit 4- **Vacant** (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don't miss out!
Price $899,900
Taxes: $4827.07
Assessment Year: 2025
Occupancy: Tenant
Address: 181 West Aven North , Hamilton, L8L 5C7, Hamilton
Acreage: < .50
Directions/Cross Streets: Cannon
Rooms: 12
Bedrooms: 5
Bedrooms +: 0
Family Room: T
Basement: Full, Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Basement Utility R
Room 2 Basement Laundry
Room 3 Main Kitchen 10.66 10.5
Room 4 Main Bathroom 4 Pc Bath
Room 5 Main Bathroom 4 Pc Bath
Room 6 Main Living Ro 14.5 12
Room 7 Main Bedroom 12.5 10.66
Room 8 Main Family Ro 12.5 10
Room 9 Second Living Ro 19.48 12.5
Room 10 Second Bathroom 4 Pc Bath
Room 11 Second Bedroom 12.66 8.82
Room 12 Second Bedroom 2 14.33 8.99
Room 13 Second Kitchen 12.66 8.76
Room 14 Third Bedroom 6.59 13.25
Room 15 Third Kitchen 8 4.66
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 4 Second
Washroom Type 3 4 Third
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 4 Second
Washroom Type 8 4 Third
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Fourplex
Style: 2 1/2 Storey
Exterior: Brick, Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Hospital, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $25,750 $51,500 $77,250 $103,000
First Mortgage $489,250 $463,500 $437,750 $412,000
CMHC/GE $19,570 $14,368.5 $12,257 $0
Total Financing $508,820 $477,868.5 $450,007 $412,000
Monthly P&I $2,510.93 $2,358.19 $2,220.7 $2,033.15
Expenses $0 $0 $0 $0
Total Payment $2,510.93 $2,358.19 $2,220.7 $2,033.15
Income Required $94,160.05 $88,432.3 $83,276.37 $76,242.96

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,270.72
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
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Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
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At a Glance:
Type: Freehold - Fourplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style: 2 1/2 Storey
Lot Size: x 123.00(Feet)
Approximate Age: 100+
Tax: $4,827.07
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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