For Sale

25 West Avenue, Hamilton, Ontario L8N 2S2

$1,650,000

25 West Avenue, Hamilton, Ontario L8N 2S2 is For Sale and has a listing price of 1,650,000. The property is located in the Hamilton . It's been on the website for 3 Days.

  • Multiplex
    Property Type
  • 7
    Bedrooms
  • 7
    Bathrooms
  • MLS ID: X12774136
  • Office Name REVEL REALTY INC.
Property Description

Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one (non-conforming) one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential.

Property Details
  • Bedrooms: 7
  • MLS ID: X12774136
  • Bathrooms: 7
  • Price: $1,650,000
  • Lot Depth: 121
  • Transaction Types: For Sale
  • Ref ID: X12774136
  • Year Built: N/A
  • Approx Sqft: 5000 +
  • Dir / Cross St: Main Street East
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/10/2026 X12774136 $1,650,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton
  • $1,005,339 Average List Price
    based on 1 year
  • 1,044 New Listings
    based on 30 days
  • 69 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.41 % Up
  • Sold (12mo) 2,645
  • Rented (12mo) 1,134

  • 1 Month Change -38.7%
  • 3 Month Change +43.3%
  • 6 Month Change +9.1%
Walkscore
  • 34 Walk Score
    Car-Dependent
  • - Transit Score
    No Nearby Transit
  • 34 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 7
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Stone
  • Kitchen 7
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $11,060
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 10/02/2026 03:54:44
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