Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity.
Address
224 Rosslyn Avenue N
List Price
$999,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Hamilton
Sub-Area
Crown Point
County
Hamilton
Bedrooms
9
Bathrooms
5
Floor Area
2500 - 3000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
100
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
56
MLS® Number
X12234086
Listing Brokerage
IPRO REALTY LTD.
Basement Area
Crawl Space, Other
Postal Code
L8L 7P7
Tax Amount
$3,780.00
Tax Year
2024
Interior Features
None
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Other
Construction Materials
Metal/Steel Siding, Vinyl Siding
Direction Faces
East
Foundation Details
Other
Garage Type
None
Kitchens Total
5
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer