$599,900

4 Rosemont Avenue, Hamilton, ON L8L 6M4

HamiltonStipleyTriplex

6 beds3 baths1 parking 1500-2000 ft²

Key facts

MLS®
X13518762
Status
New
Type
Triplex
Taxes
$2,400
Size
1500-2000 ft²
Parking
1 total
Listed
2026-07-03
Brokerage
EXP REALTY
Cross street
Barton St E and Sherman Ave N

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.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.