Unknown for 67 West Ave, Hamilton Ontario L8L 5C1
12 days on Market

67 West Ave, Hamilton, Ontario L8L 5C1

Detached
6
3
~2000-2500 sqft
$895,000
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Detached
6
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$403/sqft

Est. Mortgage$3,844/mo

Tax Amount (2024)$5,012/yr

Days On Market12 days


Description

LIVE IN ONE UNIT, LET THE OTHERS PAY YOUR MORTGAGE or BUILD YOUR PORTFOLIO WITH A TURNKEY LEGAL TRIPLEX+BONUS POTENTIAL Welcome to this beautifully renovated, fully legal triplex in one of the city's most vibrant and high-demand neighbourhoods. Whether you're a savvy investor, a first-time buyer, or a multi-generational family, this rare offering delivers the perfect blend of lifestyle flexibility and income potential WITH CITY-APPROVED PLANS TO ADD A FOURTH UNIT ALREADY IN PLACE! Renovated top to bottom in 2019, each unit boasts modern finishes, updated mechanicals, separate entrances, in-suite laundry, and individual utilities keeping maintenance low and tenant appeal high. Move into the unit that fits your lifestyle and let the other suites generate reliable rental income, or rent them all out and enjoy passive cash flow from day one. WITH A NET OPERATING INCOME OF OVER $49K ANNUALLY, this is a financially smart choice, no matter your goals. The approved fourth unit unlocks an exciting value-add opportunity ideal for future appreciation, added cash flow, or a BRRRR strategy (buy, renovate, rent, refinance, repeat). Either way, this property is poised for both LONG-TERM EQUITY GROWTH AND IMMEDIATE RETURN ON INVESTMENT. Steps from transit, hospitals, schools, and shopping, this prime location attracts A+ tenants and makes life convenient for all residents. With AMPLE PARKING,LOW-MAINTENANCE LANDSCAPIING AND THOUGHTFUL DESIGN FOR PRIVACY AND COMFORT,, this home checks every box function, form, and future potential. As interest rates ease and demand continues to grow, now is the time to secure a high-performing asset that fits your life and fuels your financial freedom.


Property Details

Style2 1/2 Storey
ViewClear
Age of property100+
SqFt~2000-2500 SqFt
Lot Size3,188 SqFt(121.75 x 26.19)
Parking Spaces3
MLS ®NumberX12064458
Community NameLandsdale
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Radiant
Basement: Sep Entrance, Full

Main Floor

Br

3.51 x 3.58

Br

3.66 x 2.82

Bathroom

0.0 x 0.0

3 Pc Bath

Kitchen

3.05 x 2.46


Features

Lot size: 3,188 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


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