$750,000Asking Price
Turnkey Legal Triplex in Hamilton! Welcome to 49 West North Ave, a fully renovated and income-generating legal triplex offering a strong 6.4% cap rate and rare 3-car parking. This solid property features three self-contained 1-bedroom units, each with separate hydro meters and in-suite laundry. Completely updated in 2017, including new windows, doors, roof, wiring, hydro panels, LED lighting, and appliances-plus upgraded drainage, interlocking, and parking. A new boiler (2024) and hot water tank (2017) add long-term peace of mind. Set on a large lot with future development potential, this property offers flexibility: live in one unit and rent the others, or lease all three for solid cash flow. The main floor unit will be vacant-ideal for owner-occupiers or investors alike. A rare opportunity to own a fully modernized triplex in a growing, central Hamilton location close to transit, downtown, and amenities.
Turnkey Legal Triplex in Hamilton! Welcome to 49 West North Ave, a fully renovated and income-generating legal triplex offering a strong 6.4% cap rate and rare 3-car parking. This solid property features three self-contained 1-bedroom units, each with separate hydro meters and in-suite laundry. Completely updated in 2017, including new windows, doors, roof, wiring, hydro panels, LED lighting, and appliances-plus upgraded drainage, interlocking, and parking. A new boiler (2024) and hot water tank (2017) add long-term peace of mind. Set on a large lot with future development potential, this property offers flexibility: live in one unit and rent the others, or lease all three for solid cash flow. The main floor unit will be vacant-ideal for owner-occupiers or investors alike. A rare opportunity to own a fully modernized triplex in a growing, central Hamilton location close to transit, downtown, and amenities.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
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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.
Kids Per Family
1.2
kids per family
in the neighbourhood.
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)
62%
of residents
are renters.
62% renters
Hamilton (32%)
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Average Household Income
$55K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Trades | 11% |
| Business | 6% |
| Manufacturing | 5% |
| Government | 5% |
29%
of residents were
born outside of Canada.
29% immigrants
Hamilton (25%)6.3% from Portugal
All-time
0.4% from Syria
Recent
Foreign Languages
| Portuguese | 7% |
| Vietnamese | 3% |
| Spanish | 2% |
| Italian | 2% |
| French | 2% |
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 2% |