13 Westinghouse Ave

Hamilton, Gibson

CA$985,000

For
Sale

bedrooms

9

bathrooms

6

Square Footage

2000-2500

Type of Property

Multiplex

Wedu Estimate*
New

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Details

Overview

Type
Multiplex
Style
3-Storey
Size
2000-2500 Sqft
Taxes
CA$4,727/yr

Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. Financials available upon request.

This multiplex home located at 13 Westinghouse Ave, Hamilton, ON L8L 6E4 is currently for For Sale and has been available on Wedu.ca for 30 days. This property is listed at CA$985K. It has 9 beds, 6 bathrooms, and is 2000-2500 square feet. The property is N/A years old. 13 Westinghouse Ave, Hamilton, ON L8L 6E4 is in Hamilton neighborhood Gibson.

Fees

Taxes
CA$4,727/yr
Tax Year
2024

Inside

Bedrooms
9
Bathrooms
6
Kitchens
6
Rooms
22
Air Conditioning
Wall Unit
Laundry

Building

Basement Details
None
Fuel
Gas
Heating
Forced Air
Water Supply
Municipal
Exterior
Brick
Roof
Asphalt Rolled

Land

Zoning
M6
Depth
102
Width
26
Lot Size Units
Feet
Sewer
Sewers
Pool
None
Cross Street
Westinghouse / Barton St E
Neighbourhood
Gibson
City
Hamilton

Parking

Garage
None
Parking Features
Parking Places
4

Metadata

Added
11/21/2024
Updated
12/18/2024
MLS®#
X10440794
Days on Market
30
Source
TRREB

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