67 WEST Avenue 140 , Hamilton, Ontario, CA

Address: 67 WEST Avenue, Hamilton, Ontario

5 Beds3 Baths2496 sqftStatus: Buy
Price $895,000

Property Overview


INVESTOR'S DREAM This cash-flowing, FULLY LEGAL TRIPLEX offers everything a savvy investor is looking for—PLUS UPSIDE POTENTIAL with CITY APPROVED PLANS TO ADD A FOURTH UNIT, significantly increasing property value and future income. Located in a PRIME RENTAL NEIGHBOURHOOD, steps to transit, hospitals, shopping, and other key amenities, this property is positioned to attract and retain A+ TENANTS year-round.RENOVATED TOP TO BOTTOM IN 2019, each unit features modern finishes, updated mechanicals, and separate utilities—keeping maintenance low and ROI high. Whether you're looking to expand your portfolio or step into a turnkey investment, this property checks every box. With a NET OPERATING INCOME OF OVER 49K/YEAR, you're already earning strong passive income from Day 1.But it gets even better. The city-approved fourth unit plans open the door to a VALUE-ADD PLAY that could allow for a refinance strategy (BRRRR, anyone?) once completed, increasing your equity and monthly cash flow even further. This is not just a buy-and-hold—it’s a BUY HOLD AND GROW opportunity.Additional features include ample parking, separate entrances for all units, and modern, tenant-pleasing finishes throughout. Zoned and permitted as a legal triplex, there’s NO RED TAPE OR SURPRISES—just clean, reliable income. With INTEREST RATES SHOWING SIGNS OF EASING, now is the time to lock in a quality asset that will only get more valuable with time. This is a rare offering that combines stability, scalability, and simplicity. Don't miss your chance to own a high-performing, low-maintenance investment in a sought-after neighbourhood. BOOK YOUR SHOWING TODAY and see why this opportunity stands out from the rest! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
2496 sqft
Subdivision Name
140 - Beasley
Title
Freehold
Land Size
under 1/2 acre
Built in
1900
Building
Bathrooms
Total
5
Interior Features
Appliances Included
Microwave Built-in
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Stone
Square Footage
2496 sqft
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Total Parking Spaces
3
Land
Other Property Information
Zoning Description
D5
Features
           Microwave Built-in            None
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Your Home Finance Calculation

Property Price CA $895,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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