$2,999,900Asking Price
81 Hamilton Street, Hamilton, ON L0R 2H0
Waterdown, Hamilton
Welcome to this truly incredible investment property in the heart of Waterdown. This 6-plex has been meticulously maintained and updated by the original owner. Each apartment features two good sized bedrooms, in-suite laundry, a storage room AND boasts 1,250 square feet! This building is currently generating loads of income with a potential to increase revenue by 31%!! Parking will never be an issue, as this property has space for 10 vehicles and has potential to rent more from the neighbouring property. The building practically runs itself - landscaping, snow removal and garbage removal all are done by the tenants. It doesnt get any more TURN-KEY than this! RSA.
Welcome to this truly incredible investment property in the heart of Waterdown. This 6-plex has been meticulously maintained and updated by the original owner. Each apartment features two good sized bedrooms, in-suite laundry, a storage room AND boasts 1,250 square feet! This building is currently generating loads of income with a potential to increase revenue by 31%!! Parking will never be an issue, as this property has space for 10 vehicles and has potential to rent more from the neighbouring property. The building practically runs itself - landscaping, snow removal and garbage removal all are done by the tenants. It doesnt get any more TURN-KEY than this! RSA.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- West on Dundas St - North on Hamilton St
- 5000 + Approximate Sq Feet
- 31-50 Years Approximate Age
- No Ensuite Laundry
- HeatPump Electric Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $9,577 in 2024
- Possession: Immediate
Details
- Brick Exterior
- No Fireplace
- 6 Kitchens
- MLS #X12037987
- RE/MAX ESCARPMENT REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | ||
 | 4 4-Piece Bathrooms | |||
| 4 4-Piece Bathrooms on Ground Floor | |||
| 2 4-Piece Bathrooms | |||
| 2 2-Piece Bathrooms | |||
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Who lives here?
Waterdown, Hamilton is a west GTA neighbourhood notable for its university grads, executives, business, science and education, law & public sector professionals and salespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 30 to 54.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
36%
of residents are
single and loving it.
36% singles
Hamilton (46%)Renters
15%
of residents
are renters.
15% renters
Hamilton (32%)Education
38%
of residents are
university grads.
38% university grads
Hamilton (28%)Income
Average Household Income
$151K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 16% |
| Business | 12% |
| Government | 11% |
| Management | 10% |
| Trades | 8% |
Immigrants
16%
of residents were
born outside of Canada.
16% immigrants
Hamilton (25%)Birthplace - All
3.2% from UK
All-time
Birthplace - Recent
0.5% from UK
Recent
Foreign Languages
Foreign Languages
| French | 1% |
| Italian | 1% |
| Polish | 1% |
| Punjabi | 1% |
| Spanish | 1% |
Religions
Religions
| Christian | 67% |
| Jewish | 1% |
| Muslim | 1% |
| Sikh | 1% |
| Hindu | 1% |
