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Est. payment | /mo
12 Beds
12 Baths
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Est. payment | /mo
12 Beds
12 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Waterdown
MLS Listing ID X13579458
Style 2-Storey
Bedrooms 12
Annual Tax Amount $10,120
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
Kitchen 6
Interior
Interior Features None
Cooling Wall Unit(s)
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 75.0
Lot Depth 123.0
Total Parking Spaces 10
Building
Building Age 31-50
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Virtual Tour https://northernmediagroup.hd.pics/81-Hamilton-St-N/idx
Listed by Royal LePage Real Estate Services Ltd., Brokerage
Nearby Locations
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