$1,750,000Asking Price
Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.
Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 4-Piece Bathrooms | ||||
4 4-Piece Bathrooms on Main Floor | ||||
2 4-Piece Bathrooms | ||||
1 4-Piece Bathroom |
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Corktown, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads, health professionals and salespeople. It has a higher than average population of immigrants, and Arabic speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.
Kids Per Family
0.9
kids per family
in the neighbourhood.
62%
of residents are
single and loving it.
62% singles
Hamilton (46%)
79%
of residents
are renters.
79% renters
Hamilton (32%)
34%
of residents are
university grads.
34% university grads
Hamilton (28%)Average Household Income
$57K
is the average household
income in the neighbourhood.
Professions
Sales | 20% |
Health | 9% |
Business | 8% |
Government | 7% |
Trades | 7% |
35%
of residents were
born outside of Canada.
35% immigrants
Hamilton (25%)4.3% from Philippines
All-time
2.5% from Syria
Recent
Foreign Languages
Arabic | 6% |
Spanish | 3% |
Tagalog | 2% |
Mandarin | 2% |
French | 2% |
Religions
Christian | 57% |
Muslim | 9% |
Hindu | 3% |
Buddhist | 2% |
Jewish | 1% |