ACTIVE
See all 9 photosACTIVE · 136 days
$599,900See Homsy estimate →
4 Rosemont AvenueStipley, Hamilton, ON L8L 6M4 · Sale · MLS® X13518762
6Bedrooms
3Bathrooms
1500-2000Sq ft
1Parking
$300–$400Per sq ft
About this home
The homeTaxes$2,400/yr
Price per sq ft$300–$400
All listing details
- Description
- 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.
- Property type
- Triplex
- Style
- 2-Storey
- Heating
- Forced Air
- Air conditioning
- Central Air
- Basement
- Development Potential
- Garage
- None
- Parking spaces
- 1
- Central vac
- N
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$200 / month
Property tax$200
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