REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Agostino Calandrino

augie@owlhouserealty.com +1(905) 518-6104

$ 874,900

Est. payment -/mo

Save Virtual Tour

Price Dropped by $25K

683 SEVENTH AVENUE S Hamilton (macassa), ON L8V1Z1

6 Beds

3 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $795

Subdivision Macassa

MLS® Listing ID X13097588

Style Bungalow

Bedrooms 6

Property Sub-Type Freehold

Property Description

Income-Generating 3 legal units on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Basement 3.88 m X 3.58 m Bedroom

Extra Room 2 Basement 2.54 m X 1.5 m Bathroom

Extra Room 3 Basement 5.36 m X 4.3 m Living room

Extra Room 4 Basement 5.36 m X 4.3 m Kitchen

Extra Room 5 Basement 5.36 m X 4.3 m Bedroom

Extra Room 6 Basement 2.39 m X 1.3 m Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Hardwood

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

Virtual Tour https://www.youtube.com/watch?v=YXwAb5VXxVM

Listed by RE/MAX REAL ESTATE CENTRE INC.

NEARBY SCHOOLS & PROPERTIES

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

Agostino Calandrino

683 SEVENTH AVENUE S Hamilton (macassa), ON L8V1Z1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

683 SEVENTH AVENUE S