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4 Rosemont Avenue, Hamilton, ON L8L 6M4

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  • Hamilton

4 Rosemont Avenue, Hamilton, ON L8L 6M4

4 Rosemont Avenue, Hamilton, ON L8L 6M4

$599,900

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Property ID:

 RH-1623138-property

Bedrooms
6
Bathrooms
3
Garage
No
Year Built
2026

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.

Additional Details

  • Property Sub Type: Triplex
  • Transaction Type: For Sale
  • Basement: Development Potential
  • Heating Source: Gas
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Parking Space: 1
  • MLS Status: New

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