224 Rosslyn Avenue North

Hamilton, ONMulti-family
$879,000
MLS® X12864292
Multi-family9 beds5 baths0 total
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About This Property

Fully Tenanted Investment Opportunity in Crown Point, Hamilton. Rare opportunity to acquire a renovated five-plex that consists of a semi-detached three-bedroom home, two 2 bedroom and two one bedroom units. Property is in one of Hamilton's most sought-after neighbourhoods. With over $150,000 in updates completed in 2025, this property offers turnkey stability, immediate income, and meaningful upside potential. The property consists of two attached buildings. The primary four-unit building features two fully renovated main-floor suites with modern kitchens, stainless steel appliances, updated bathrooms, and new flooring. All five units are currently tenanted, providing reliable cash flow from day one. A fully renovated two-storey, three-bedroom semi-detached home adds premium rental appeal. Located just two blocks from vibrant Ottawa Street, tenants enjoy easy access to shops, restaurants, Centre Mall, and Gage Park, with convenient connectivity to the Red Hill Valley Parkway and QEW. An ideal opportunity for investors seeking a strong income property in a high-demand rental area with additional upside. (id:63604)

Key Facts

Type
Multi-family
Beds
9
Baths
5
Size
2,500 sqft
Lot
56.7 x 100 FT
Parking
0 total

Highlights

  • Refrigerator
  • Water meter
  • Stove
Property Details 18 details
Bedrooms
9 bedrooms
9 above grade
Bathrooms
5 bathrooms
Parking
0 parking spaces
No Garage
Living area
2,500 - 3,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Crawl space
Heating
Forced air, Natural gas
Cooling
Window air conditioner
Fireplace
No
Lot dimensions
56.7 x 100 FT
Frontage
56.80 feet
Taxes
$4,072.00 (2,025)
Zoning
D
Water source
Municipal water
Sewer
Sanitary sewer
Views
City view

Interior features

RefrigeratorWater meterStove

Exterior features

Aluminum siding

Systems and association

SewerElectricityCable

Lot and water

Irregular lot sizeCarpet Free
Mortgage & Affordability Estimate monthly costs
Purchase price$879,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Crown Point
City
Hamilton
Postal code
L8L 7P7
Nearby
Ottawa & Campbell