An exceptional investment opportunity in Hamilton’s Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. Call or message today for the proforma and more details! RSA.
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Zillow last checked:
Listing updated:
Listed by:
Tiffany Funke, Salesperson,
RE/MAX Escarpment Realty Inc.,
Nick Delconte, Salesperson,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40837374Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 1
Main level bedrooms: 1
Other
Description: UNIT #1
Level: Main
Bedroom
Description: UNIT #1
Level: Basement
Other
Description: UNIT #2
Level: Second
Bedroom
Description: UNIT #2
Level: Second
Other
Description: UNIT #2 (UPPER)
Level: Third
Bathroom
Description: UNIT #1
Features: 4-Piece
Level: Main
Bathroom
Description: UNIT #1
Features: 3-Piece
Level: Basement
Bathroom
Description: UNIT #2
Features: 4-Piece
Level: Second
Bathroom
Description: UNIT #2 (UPPER)
Features: 4-Piece
Level: Third
Kitchen
Description: UNIT #1
Level: Main
Kitchen
Description: UNIT #2
Level: Second
Other
Description: UNIT #2 (UPPER)
Level: Third
Living room
Description: UNIT #1
Level: Main
Living room
Description: UNIT #2
Level: Second
Recreation room
Description: UNIT #1
Level: Basement
Storage
Description: UNIT #1
Level: Basement
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Laundry: In-Suite, Multiple Locations
Features
Separate Hydro Meters
Windows: Window Coverings
Basement: Separate Entrance,Full,Finished
Has fireplace: No
Interior area
Total structure area: 2,107
Total interior livable area: 1,525 sqft
Finished area above ground: 1,525
Finished area below ground: 582
Property
Parking
Parking features: Street Parking Only
Features
Stories: 2
Patio & porch: Porch
Exterior features: Private Entrance, Separate Hydro Meters
Frontage type: South
Frontage length: 25.50
Lot
Size: 2,040 Square Feet
Dimensions: 25.5 x 80
Features: Urban, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
Details
Parcel number: 171990173
Zoning: D
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence, Residential
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