1 Madison Avenue Hamilton, Ontario L8L 5Y2

$674,900

Exceptional turnkey investment opportunity in the heart of Hamilton! This legal duplex features four self-contained units, each occupying its own level for maximum privacy and easy management. The property includes two 1-bedroom units, one 2-bedroom unit, and a bachelor suite in the lower level. Fully renovated throughout with modern kitchens, updated bathrooms, flooring, and finishes, offering strong tenant appeal and minimal maintenance for years to come. Solid brick exterior, separately metered hydro, and upgraded systems add lasting value and efficiency. Centrally located just minutes from Hamiltons downtown core and the future LRT line, ensuring steady rental demand and long-term appreciation. Ideal for investors seeking a clean, income-generating asset in a rapidly developing area. A true set-and-forget property in one of Hamiltons fastest-growing corridors (id:55460)

Property Details

MLS® Number	X12936462
Property Type	Multi-family
Community Name	Gibson
Equipment Type	Water Heater - Gas, Water Heater
Parking Space Total	2
Rental Equipment Type	Water Heater - Gas, Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Age	100+ Years
Appliances	Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development	Partially Finished
Basement Features	Separate Entrance
Basement Type	Full, N/a (partially Finished), N/a
Cooling Type	None
Exterior Finish	Brick, Vinyl Siding
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	1,500 - 2,000 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	33 Ft
Size Irregular	33 X 100 Ft
Size Total Text	33 X 100 Ft

https://www.realtor.ca/real-estate/29534040/1-madison-avenue-hamilton-gibson-gibson