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$999,000Asking Price

224 Rosslyn Avenue, Hamilton, ON L8L 7P7

Crown Point, Hamilton

Multiplex
9
Bedrooms
5
Baths
0
Parking
Days on Market

Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity.

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Tour this home:

Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity.

Key Info

  • 2-Storey Multiplex
  • No Parking
  • No Garage
  • Campbell and Rosslyn
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,780 in 2024
  • Possession: immediate

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 5 Kitchens
  •  
  • MLS #X12234086
  • IPRO REALTY LTD.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms on Ground Floor
Washroom3 4-Piece Bathrooms

Who lives here?

Crown Point, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 59.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

54% of residents are
single and loving it.

54% singles

Hamilton (46%)

Renters

34% of residents
are renters.

34% renters

Hamilton (32%)

Education

9% of residents are
university grads.

9% university grads

Hamilton (28%)

Income

Average Household Income

$68K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 19%
Trades 13%
Business 7%
Manufacturing 6%
Government 5%

Immigrants

14% of residents were
born outside of Canada.

14% immigrants

Hamilton (25%)

Birthplace - All

Caribbean was once home to 2.1% of immigrants.
UK 1.3%
Portugal 1.1%
Jamaica 1.0%
Vietnam 0.9%

2.1% from Caribbean
All-time

Birthplace - Recent

Syria was once home to 0.2% of immigrants.
Jamaica 0.1%
Cuba 0.1%
UK 0.1%
Kenya 0.1%

0.2% from Syria
Recent

Foreign Languages

Foreign Languages

Spanish 2%
French 1%
Portuguese 1%
Arabic 1%
Italian 1%

Religions

Religions

Christian 56%
Buddhist 1%