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$899,900Asking Price

181 West Avenue, Hamilton, ON L8L 5C7

Landsdale, Hamilton

Fourplex
5
Bedrooms
4
Baths
6
Parking
Days on Market

Prime Hamilton Centre Freehold Investment - Opportunity is knocking with this fantastic 4-unit freehold investment property in the heart of Hamilton Centre on West Avenue! Fully renovated with modern finishes, this turn-key property features three occupied units with AAA tenants and one vacant unit, perfect for owner-occupancy or an additional rental opportunity. Property Highlights: Shared laundry in the basement with potential to finish the basement for additional income (2-br unit has its own washer-dryer). Basement has been professionally waterproofed w/sump-pump. Rear parking for 6 cars for tenant convenience, or potential expansion/ADU. Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1- $1,071.63/month, Unit 2- $1,913.27/month, Unit 3-$1,523.40/month, Unit 4- **Vacant** (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don't miss out!

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Prime Hamilton Centre Freehold Investment - Opportunity is knocking with this fantastic 4-unit freehold investment property in the heart of Hamilton Centre on West Avenue! Fully renovated with modern finishes, this turn-key property features three occupied units with AAA tenants and one vacant unit, perfect for owner-occupancy or an additional rental opportunity. Property Highlights: Shared laundry in the basement with potential to finish the basement for additional income (2-br unit has its own washer-dryer). Basement has been professionally waterproofed w/sump-pump. Rear parking for 6 cars for tenant convenience, or potential expansion/ADU. Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1- $1,071.63/month, Unit 2- $1,913.27/month, Unit 3-$1,523.40/month, Unit 4- **Vacant** (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don't miss out!

Key Info

  • 2.5-Storey Fourplex
  • 4+ Parking
  • No Garage
  • Cannon
  • 2000-2500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,827 in 2024
  • Possession: 30-59 days

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X12064395
  • RE/MAX ESCARPMENT REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.66' x 10.50'
2 Bathroom Main 4-PieceBath
3 Bathroom Main 4-PieceBath
Washroom2 3-Piece Bathrooms on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Landsdale, Hamilton is a west GTA neighbourhood notable for its singles, renters and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Portuguese speakers. 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, 25 to 44 and 25 to 44.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

58% of residents are
single and loving it.

58% singles

Hamilton (46%)

Renters

62% of residents
are renters.

62% renters

Hamilton (32%)

Education

16% of residents are
university grads.

16% university grads

Hamilton (28%)

Income

Average Household Income

$55K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 14%
Trades 11%
Business 6%
Manufacturing 5%
Government 5%

Immigrants

29% of residents were
born outside of Canada.

29% immigrants

Hamilton (25%)

Birthplace - All

Portugal was once home to 6.3% of immigrants.
Vietnam 2.6%
Philippines 2.0%
Caribbean 1.8%
UK 1.8%

6.3% from Portugal
All-time

Birthplace - Recent

Syria was once home to 0.4% of immigrants.
Vietnam 0.4%
Central Africa 0.3%
Haiti 0.3%
Philippines 0.2%

0.4% from Syria
Recent

Foreign Languages

Foreign Languages

Portuguese 7%
Vietnamese 3%
Spanish 2%
Italian 2%
French 2%

Religions

Religions

Christian 68%
Muslim 3%
Buddhist 2%