2 days on Market

115 Spadina Ave, Hamilton, Ontario L8M 2X4

Townhouse
4
3
~2000-2500 sqft
$725,000
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Townhouse
4
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$326/sqft

Est. Mortgage$3,114/mo

Tax Amount (2024)$5,511/yr

Days On Market2 days


Description

Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive!


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size2,523 SqFt(87.25 x 28.92)
Parking Spaces2
MLS ®NumberX12192804
Community NameStipeley
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Baseboard
Cooling: Central Air
Basement: Unfinished, Full

3rd Floor

Br

2.13 x 1.19

Kitchen

3.28 x 3.48


Features

Lot size: 2,523 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

1 listing

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

20 to 34
26%
0 to 19
21%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget