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$699,900Asking Price

58 Erie Avenue, Hamilton, ON L8N 2W6

Stinson, Hamilton

Triplex
5 + 2
Bedrooms
3
Baths
0
Parking
Days on Market

Amazing, Cash Flow positive, 3 unit home in high-demand Stinson neighbourhood. This detached property boasts a massive 25ft W x 150ft D-zoned lot, offering exceptional value-add potential for savvy investors and developers. PRIME Location! Located 5 min drive to downtown, one of Hamilton's trendiest neighbourhood with local cafes, bars, shops, restaurants. Access to public transit and very close proximity to the upcoming LRT Line (Wentworth Stn is 600M). Rent as is, or renovate to boost rents/cashflow and force appreciation. Rarely vacant & easy to rent - an investor's dream!

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Amazing, Cash Flow positive, 3 unit home in high-demand Stinson neighbourhood. This detached property boasts a massive 25ft W x 150ft D-zoned lot, offering exceptional value-add potential for savvy investors and developers. PRIME Location! Located 5 min drive to downtown, one of Hamilton's trendiest neighbourhood with local cafes, bars, shops, restaurants. Access to public transit and very close proximity to the upcoming LRT Line (Wentworth Stn is 600M). Rent as is, or renovate to boost rents/cashflow and force appreciation. Rarely vacant & easy to rent - an investor's dream!

Key Info

  • 2.5-Storey Triplex
  • No Parking
  • No Garage
  • Main St E / Wentworth St S
  • 1500-2000 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 $4,560 in 2024
  • Possession: TBD

Details

  • Aluminum Siding/Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X12146181
  • ROCK STAR REAL ESTATE INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 9.58' x 10.60'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

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.

Hamilton  (1.2)

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.

Hamilton  ($106K)

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

Philippines was once home to 4.9% of immigrants.
Syria 2.6%
Caribbean 2.1%
Jamaica 1.4%
Poland 1.3%

4.9% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 1.7% of immigrants.
Syria 0.4%
Somalia 0.3%
Central Africa 0.2%
Other Eastern Africa 0.1%

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%