$649,000
102 Rosslyn Avenue N, Hamilton, ON L8L 7P4
4 beds3 baths2 parking 1100-1500 ft²
Key facts
- MLS®
- X13541340
- Status
- Price Change
- Type
- Detached
- Taxes
- $3,130
- Size
- 1100-1500 ft²
- Parking
- 2 total
- Listed
- 2026-07-09
- Brokerage
- EXP REALTY
- Cross street
- Rosslyn Ave. & Roxborough Ave.
Description
102 Rosslyn Avenue N, Hamilton is an investment property within a portfolio. A five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.