ONHamiltonHamilton27 Ontario Avenue
27 Ontario Avenue
Interior view
Interior view
23
Extension
Fourplex

27 Ontario Avenue

Hamilton, ON, L8N 2X1

Residential Freehold
Area
3500-5000 sq.ft
Bed
6
Bedrooms
Bath
5
Bathrooms
Parking
7
Single Garage

Asking Price

$1,299,900

Property Description

Original Remarks

Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to buyer due diligence and municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton's evolving urban pockets.

PROPERTY HISTORY

27 Ontario Avenue

Type:Fourplex
Style:2 1/2 Storey
Size Range:3500-5000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12796100
Community:Stinson
Days on Market:-
Year Built:-
Age range:-
Basement:Full, Finished, Separate Entrance
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$7,618.68/yr (2025)
Municipality:Hamilton
Lot Size:55.00 x 90.00 Feet

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