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$ 999,000
Est. payment /mo
New
224 ROSSLYN AVENUE N Hamilton (crown Point), ON L8L7P7
9 Beds
5 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $399
Subdivision Crown Point
MLS® Listing ID X12234086
Bedrooms 9
Source Toronto Regional Real Estate Board
Property Description
Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by IPRO REALTY LTD.