4 Rosemont Avenue Hamilton, Ontario L8L 6M4

$599,900

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 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. (id:55460)

Property Details

MLS® Number	X13518762
Property Type	Multi-family
Community Name	Stipley
Parking Space Total	1

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Cooling Type	Central Air Conditioning
Exterior Finish	Stucco
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	22 Ft ,3 In
Size Frontage	45 Ft ,1 In
Size Irregular	45.1 X 22.3 Ft
Size Total Text	45.1 X 22.3 Ft

https://www.realtor.ca/real-estate/29985354/4-rosemont-avenue-hamilton-stipley-stipley