Home with brick exterior material, street for 181 West Ave, Hamilton Ontario L8L 5C7
13 days on Market

181 West Ave, Hamilton, Ontario L8L 5C7

Townhouse
5
4
~2000-2500 sqft
$899,900
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Townhouse
5
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$404/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$4,827/yr

Days On Market13 days


Description

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!


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size3,075 SqFt(123 x 25)
Parking Spaces6
MLS ®NumberX12064395
Community NameLandsdale
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Basement: Full, Walk-Up

Bsmt Floor

Utility

0.0 x 0.0

Laundry

0.0 x 0.0


Features

Lot size: 3,075 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

20 to 34
29%
0 to 19
20%
35 to 49
19%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
48%
Single person
42%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
76%
Portuguese
6%
Spanish
3%
Vietnamese
2%
Arabic
2%
Others
2%
French
2%
Somali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget