170-172 MARKLAND Street
Hamilton, Ontario
MLS® 40862374
$1,200,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40862374
- Bedrooms
- 8
- Bathrooms
- 6
- Year built
- 1910
1 / 31Listing description
Exceptional Turnkey Investment Opportunity – 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential.
Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants.
Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets.
Property summary
- MLS® number
- 40862374
- Property type
- Multi-family
- Square footage
- 3,542 sq ft
- Title
- Freehold
- Built in
- 1910
- Annual property taxes
- $11,850.55
- Parking
- 7 spaces · Detached Garage
- Days on market
- 6 days
Features & details
- Heating
- Radiant heat
- Cooling
- Wall unit
- Basement
- Partially finished, Full
- Exterior features
- Stucco, Aluminum siding
What would this home cost you?
Based on the $1,200,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Realty Inc., Ancaster.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.