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$1,198,000Asking Price

25 Douglas Avenue NE, Hamilton, ON L8L 5P7

Industrial Sector, Hamilton

Multiplex
8
Bedrooms
5
Baths
6
Parking
Days on Market

ATTENTION INVESTORS... Amazing opportunity to own an all-brick, two-story, four unit building! Fantastic income property or ultimate family compound! Comprehensive soundproofing initiatives throughout the units as well as fire-rated metal frames and doors. Live in the bigger 3-bedroom, 2-bath unit & rent out the other 3 units for income. Ample parking on-site ensures convenience for tenants, with 3 vehicles on both sides of the property. Enjoy the high level of quality workmanship. Remarkable blend of modern design & luxurious features. Porcelain tile is extremely durable flooring throughout all 3 units, and the concept is an open-concept kitchen with stone countertops. large outdoor storage shed and turf backyard. Automated LED lighting system throughout. The property consists of 1 large 3-bedroom with 2-4 pc bathrooms; 2 spacious 2-bedroom each with 1-4 pc bathroom; and 1 1-bedroom with 1-4 pc bathroom. Kitchens come equipped with stainless steel appliances. Each unit boasts generously sized layouts with separate entrances, ideal for students, professionals, and families alike. With its proximity to the General Hospital, the new transit transfer station, close to 403/QEW highways, shopping, and amenities. All suites are currently vacant, offering endless possibilities for new owners with great cap rate. These suites are ideal for rental income or multi-generational accommodations. This building offers the best of both worlds: luxurious living & excellent rental income potential. Whether you're looking for a spacious home with modern amenities or an investment property with income-generating opportunities, this property has it all!

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ATTENTION INVESTORS... Amazing opportunity to own an all-brick, two-story, four unit building! Fantastic income property or ultimate family compound! Comprehensive soundproofing initiatives throughout the units as well as fire-rated metal frames and doors. Live in the bigger 3-bedroom, 2-bath unit & rent out the other 3 units for income. Ample parking on-site ensures convenience for tenants, with 3 vehicles on both sides of the property. Enjoy the high level of quality workmanship. Remarkable blend of modern design & luxurious features. Porcelain tile is extremely durable flooring throughout all 3 units, and the concept is an open-concept kitchen with stone countertops. large outdoor storage shed and turf backyard. Automated LED lighting system throughout. The property consists of 1 large 3-bedroom with 2-4 pc bathrooms; 2 spacious 2-bedroom each with 1-4 pc bathroom; and 1 1-bedroom with 1-4 pc bathroom. Kitchens come equipped with stainless steel appliances. Each unit boasts generously sized layouts with separate entrances, ideal for students, professionals, and families alike. With its proximity to the General Hospital, the new transit transfer station, close to 403/QEW highways, shopping, and amenities. All suites are currently vacant, offering endless possibilities for new owners with great cap rate. These suites are ideal for rental income or multi-generational accommodations. This building offers the best of both worlds: luxurious living & excellent rental income potential. Whether you're looking for a spacious home with modern amenities or an investment property with income-generating opportunities, this property has it all!

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Victoria / Burton St.
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,895 in 2024

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X12404770
  • SUTTON GROUP-TOWER REALTY LTD.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 5-Piece Bathroom
Washroom1 2-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Industrial Sector, Hamilton is a west GTA neighbourhood notable for its singles, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

58% of residents are
single and loving it.

58% singles

Hamilton (46%)

Renters

32% of residents
are renters.

32% renters

Hamilton (32%)

Education

5% of residents are
university grads.

5% university grads

Hamilton (28%)

Income

Average Household Income

$61K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 15%
Trades 12%
Business 5%
Health 5%
Manufacturing 5%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Hamilton (25%)

Birthplace - All

UK was once home to 1.5% of immigrants.
Caribbean 1.3%
Jamaica 1.0%
Vietnam 0.9%
Portugal 0.8%

1.5% from UK
All-time

Birthplace - Recent

Jamaica was once home to 0.1% of immigrants.
Other Eastern Africa 0.1%

0.1% from Jamaica
Recent

Foreign Languages

Foreign Languages

French 2%
Portuguese 2%
Spanish 1%
Vietnamese 1%

Religions

Religions

Christian 46%
Buddhist 1%