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$649,000Asking Price

11 HOLTON Avenue S, Hamilton, ON L8M 2L3

Gibson, Hamilton

Multiplex
6
Bedrooms
3
Baths
3
Parking
Days on Market

Turn potential into profit with this rare legal vacant triplex! All 3 units are vacant, giving investors a blank slate to secure top market rents with no tenant turnover delays. Offering over 2,700 sq. ft. of living space plus a basement with a separate side entrance and 8 ft ceilings, there's excellent potential to increased rental income. The second floor is currently set up as individual room rentals with a shared bath and kitchen. Built in 1915, this property blends size and character with updates already in place, including newer flooring, baseboards in some areas, a new roof (2018/2019), 4 newly installed radiators, and a commercial-grade front door. Ideally located near public transit and steps from the city's planned LRT line, tenant demand will only continue to grow. The home has much of its original charm can be restored to its original beauty, including solid wood doors, detailed trim, and clawfoot tubs. A standout opportunity to create a high-income rental in a prime location.

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Tour this home:

Turn potential into profit with this rare legal vacant triplex! All 3 units are vacant, giving investors a blank slate to secure top market rents with no tenant turnover delays. Offering over 2,700 sq. ft. of living space plus a basement with a separate side entrance and 8 ft ceilings, there's excellent potential to increased rental income. The second floor is currently set up as individual room rentals with a shared bath and kitchen. Built in 1915, this property blends size and character with updates already in place, including newer flooring, baseboards in some areas, a new roof (2018/2019), 4 newly installed radiators, and a commercial-grade front door. Ideally located near public transit and steps from the city's planned LRT line, tenant demand will only continue to grow. The home has much of its original charm can be restored to its original beauty, including solid wood doors, detailed trim, and clawfoot tubs. A standout opportunity to create a high-income rental in a prime location.

Key Info

  • 2-Storey Multiplex
  • 3 Parking
  • No Garage
  • King Street
  • 2000-2500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Radiant
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,713 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • Fireplace
  • 3 Kitchens
  •  
  • MLS #X12480948
  • KELLER WILLIAMS COMPLETE REALTY

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

65% of residents
are renters.

65% renters

Hamilton (32%)

Education

15% of residents are
university grads.

15% university grads

Hamilton (28%)

Income

Average Household Income

$56K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 16%
Trades 8%
Business 5%
Manufacturing 4%
Government 4%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

Syria was once home to 2.3% of immigrants.
Caribbean 2.0%
Portugal 1.5%
Vietnam 1.4%
Philippines 1.4%

2.3% from Syria
All-time

Birthplace - Recent

Somalia was once home to 0.7% of immigrants.
Syria 0.7%
Other Eastern Africa 0.3%
Vietnam 0.3%
Eritrea 0.3%

0.7% from Somalia
Recent

Foreign Languages

Foreign Languages

Arabic 3%
Vietnamese 3%
Spanish 2%
French 2%
Somali 2%

Religions

Religions

Christian 55%
Muslim 4%
Buddhist 2%
Hindu 1%