$630,000
115 Spadina Avenue, Hamilton, ON L8M 2X4


Hamilton, ON L8L 6M4
6 Bed · 3 Bath · Triplex
MLS #X13518762
Listed Price
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.
Bedrooms
6
Bathrooms
3
Square Feet
1500-2000 sqft
Property Type
Triplex
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Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
4 Rosemont Avenue, Hamilton, ON L8L 6M4 is a 6-bedroom, 3-bathroom 2-storey triplex with approximately 1500-2000 square feet of living space, situated on a 45 22 foot lot. This property is currently for sale at $599,900. The home features a none garage and a development potential basement.
This home is located in Stipley, part of Hamilton in the Hamilton area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in Stipley, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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