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$2,999,000

Est. payment - /mo

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12 Beds

12 Baths

New

81 Hamilton ST N Hamilton, ON L0R 2H0

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Lawrence Ladokun

lawrence@lawrenceladokun.ca +1(647) 556-6205

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Waterdown

MLS Listing ID X13579458

Style 2-Storey

Bedrooms 12

Annual Tax Amount $10,120

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.

Location

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room No

Basement Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out

Kitchen 6

Interior

Interior Features None

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 75.0

Lot Depth 123.0

Total Parking Spaces 10

Building

Building Age 31-50

Unit Features Public Transit,Place Of Worship,Park,Rec./Commun.Centre,School

Foundation Poured Concrete

Others

ParcelsYN No

Virtual Tour https://northernmediagroup.hd.pics/81-Hamilton-St-N/idx

Listed by Royal LePage Real Estate Services Ltd., Brokerage