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$725,000Asking Price

115 Spadina Avenue, Hamilton, ON L8M 2X4

Stripley, Hamilton

Triplex
4
Bedrooms
3
Baths
2
Parking
Days on Market

Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive!

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Tour this home:

Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive!

  OPEN HOUSE

Key Info

  • 2.5-Storey Triplex
  • 2 Parking
  • No Garage
  • Main St. E & Spadina Ave.
  • 2000-2500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,510 in 2024
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X12192804
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 7.58' x 10.17'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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60
This property has an average transit score.
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Amenities
88
This property has a high walk score.
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0 Dog Parks
0 Daycares
5 Groceries Mighty Bargain, St.Clair Farmer's Market, J & M Discount
9 Coffee Spots Tim Hortons, Willard's Ice Cream, Maplewood Cafe
62 Restaurant/Bars Gageview Fresh Cut French Fries, Subway Hamilton, Coven Plant Based Marketplace
29 Park/Rec/Gyms Crowley Custom Pools & Spas, Trx Boot Camp Hamilton, Just Train Fitness
9 Hospitals Saint Peter's Hospital, Hamilton Health Sciences, De Desy. Huth Center
2 Libraries Forjoan Little Free Library Charter, Cannon St. Little Free Library
37 Places of Worship Faith United Church, Saint Clair Community Church, Living Hope Christian Assembly
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Who lives here?

Stripley, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 44 and 25 to 44.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

57% of residents are
single and loving it.

57% singles

Hamilton (46%)

Renters

47% of residents
are renters.

47% renters

Hamilton (32%)

Education

17% of residents are
university grads.

17% university grads

Hamilton (28%)

Income

Average Household Income

$67K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 16%
Trades 11%
Business 7%
Health 6%
Government 6%

Immigrants

18% of residents were
born outside of Canada.

18% immigrants

Hamilton (25%)

Birthplace - All

Italy was once home to 1.9% of immigrants.
Caribbean 1.9%
UK 1.4%
Poland 1.1%
Portugal 0.9%

1.9% from Italy
All-time

Birthplace - Recent

Jamaica was once home to 0.1% of immigrants.
China 0.1%
Philippines 0.1%
Nigeria 0.1%

0.1% from Jamaica
Recent

Foreign Languages

Foreign Languages
Italian 2%
Polish 2%
Spanish 2%
French 1%
Portuguese 1%

Religions

Religions
Christian 55%
Muslim 1%
Jewish 1%