LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath $2152.50 + hydro, second floor 2bed, 1 bath $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on opposite side (ideal for storage-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit will be VACANT on possession! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
3,814 sq. ft.354 m2
Finished Area Above Grade:
3,814 sq. ft.354 m2
Zoning:
R1A
Taxes:
$6,322.16 /
-
Community:
202 - Gibson/Stipley South
Exterior Features:
Brick
Community Features:
Quiet Area, School Bus, Community Centre
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Stove, Dryer, Hood Fan
Bedrooms:
5
Bedrooms Above Grade:
5
Bedrooms Below Grade:
0
Bathrooms:
3.0
Cooling:
Window air conditioner
Fireplace:
No
Foundation:
Stone
Heating:
Hot water radiator heat
# Storeys:
2.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unfinished, Full
Lot Frontage:
50'15.2 m
Parking:
Attached Garage, Detached Garage
Total Parking Spaces:
5
Floor
Type
Size
Other
Main level
Bedroom
1'1".33 m × 1'1".33 m
-
Main level
Bedroom
1'1".33 m × 1'1".33 m
-
Second level
Bedroom
1'1".33 m × 1'1".33 m
-
Second level
Bedroom
1'1".33 m × 1'1".33 m
-
Third level
Bedroom
1'1".33 m × 1'1".33 m
-
Floor
Ensuite
Pieces
Other
Main level
No
4
Second level
No
4
1'1" x 1'1"
Third level
No
4
Multi-family property featuring a chimney, a balcony, brick siding, and an outdoor structure
View of front of home with a balcony, a chimney, brick siding, and board and batten siding
Multi unit property with a chimney and brick siding
View of property with a balcony, a chimney, brick siding, and concrete driveway
Garage with driveway
Back of property with stairway, brick siding, and a patio area
View of property
View of home's exterior
Corridor with light wood-style floors and french doors
Living room with a textured ceiling, light wood-style floors, and radiator
Kitchen with range with electric cooktop, a sink, freestanding refrigerator, decorative backsplash, and light wood-type flooring
Bedroom featuring wood finished floors
Bathroom with tile walls, toilet, vanity, wainscoting, and shower / tub combo with curtain
Kitchen with electric range, a sink, dark wood finished floors, white cabinets, and lofted ceiling
Kitchen featuring freestanding refrigerator, a sink, tasteful backsplash, dark wood-type flooring, and light countertops
Bedroom featuring dark wood finished floors, baseboards, and lofted ceiling
Living room with vaulted ceiling, wood finished floors, and baseboards
Data was last updated May 13, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$674,900
Min list price:
$259,900
Max list price:
$774,900
Avg days on market:
32
Min days on market:
3
Max days on market:
97
Avg price per sq.ft.:
$279.41
These statistics are generated based on the current listing's property type
and located in
202 - Gibson/Stipley South. Average values are
derived using median calculations.
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