A pic from exterior of the house or condo, the front or back of building for 13 Westinghouse Ave, Hamilton Ontario L8L 6E4
30 days on Market

13 Westinghouse Ave, Hamilton, Ontario L8L 6E4

Townhouse
9
6
~2000-2500 sqft
$985,000
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Townhouse
9
6
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$443/sqft

Est. Mortgage$4,230/mo

Tax Amount (2024)$4,727/yr

Days On Market30 days


Description

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. Financials available upon request.


Property Details

Style3-Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size2,614 SqFt(102.22 x 25.58)
Parking Spaces4
MLS ®NumberX10440794
Community NameGibson
Data SourceTRREB
Listing byKeller Williams Signature Realty, Brokerage

Features

Heating: Forced Air
Cooling: Wall Unit

Features

Lot size: 2,614 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by Keller Williams Signature Realty, Brokerage, Brokerage

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Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

20 to 34
26%
0 to 19
23%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget