$749,000Asking Price
56 Erie Avenue, Hamilton, ON L8N 2W6
Stinson, Hamilton
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1stperfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 $1,890/month [2-bed, 1-bath]; Unit 2 $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment Strong rental history with market rents. Dont miss outschedule a viewing today!
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1stperfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 $1,890/month [2-bed, 1-bath]; Unit 2 $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment Strong rental history with market rents. Dont miss outschedule a viewing today!
See MoreKey Info
- 3-Storey Triplex
- No Parking
- No Garage
- Erie & Main St E
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Electric Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,097 in 2024
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #X12021311
- EXP REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 3 3-Piece Bathrooms | |||
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Who lives here?
Stinson, Hamilton is a west GTA neighbourhood notable for its singles, renters, business professionals, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of adults aged 25 to 49, 25 to 49 and 25 to 49.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)Renters
71%
of residents
are renters.
71% renters
Hamilton (32%)Education
26%
of residents are
university grads.
26% university grads
Hamilton (28%)Income
Average Household Income
$62K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 17% |
| Trades | 10% |
| Business | 9% |
| Government | 7% |
| Manufacturing | 6% |
Immigrants
23%
of residents were
born outside of Canada.
23% immigrants
Hamilton (25%)Birthplace - All
4.9% from Philippines
All-time
Birthplace - Recent
1.7% from Philippines
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Tagalog | 3% |
| Spanish | 2% |
| Arabic | 1% |
| Portuguese | 1% |
Religions
Religions
| Christian | 57% |
| Muslim | 3% |
