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Renanza Realty
For sale

54 FREDERICK AVENUE

Hamilton (Crown Point), Ontario

MLS® X13614794

$799,900

Status
Active
Property type
Multi-family
MLS® number
X13614794
Bedrooms
6
Bathrooms
3
Year built

Listing description

Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* Cap rate of 4.

99% when fully rented. This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements. The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.

A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others.

Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow. Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.

Property summary

MLS® number
X13614794
Property type
Multi-family
Building type
Triplex
Land size
26.6 x 70.1 FT
Annual property taxes
$3,830.79
Parking
No Garage, Street
Days on market
51 days

Features & details

Heating
Radiant heat, Other
Cooling
None
Basement
Unfinished, N/A
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Exterior features
Stucco
Lot features
Carpet Free

What would this home cost you?

Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,722 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY, TORONTO.

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.