5 Maplewood Avenue, Hamilton, Ontario, Canada, L8M1W3

899,900
for Sale
3 + 1
4
2000-2500

About the property:

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%.
Triplex triplex
Property Type:
Triplex
Status:
for Sale
House Style:
triplex
Bedrooms:
3 + 1
Bathrooms:
4
Land Size:
34.5 x 90 FT
Central A/C:
Yes
Parking Places:
3
Fireplace:
2
Heating Type:
Radiant
Heating Fuel:
Gas
Cross Street:
Sherman ave/Main St. E.
Exterior:
Brick
Basement:
Apartment,Se, Apartment,Se
Fronting On:
N
Possession Date:
imm30tba
Annual Property Taxes:
4,500
Listing ID:
X13614392

Rooms

Dimensions

Brokered by:
Real Estate Advisors Inc.
Source: TRREB/PROPTX
Presented By:

Miguel Fernandez Morales, LLB, MBA

Real Estate Broker of Record / Founder / President

Real Estate Advisors Inc., Brokerage*