5 Maplewood Avenue

Hamilton, ONMulti-family
$899,900
MLS® X13614392
Multi-family4 beds4 baths3 total
5 Maplewood Avenue, Hamilton, ON photo 1
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About This Property

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%. (id:63604)

Key Facts

Type
Multi-family
Beds
4
Baths
4
Size
2,000 sqft
Lot
34.5 x 90 FT
Parking
3 total
Property Details 17 details
Bedrooms
4 bedrooms
3 above grade + 1 below grade
Bathrooms
4 bathrooms
Parking
3 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2.50
Basement
Apartment in basement, Separate entrance
Heating
Radiant heat, Natural gas
Cooling
Central air conditioning
Fireplace
2 fireplaces
Lot dimensions
34.5 x 90 FT
Frontage
34.60 feet
Taxes
$4,500.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Fireplace(s)

Exterior features

BrickBlock

Systems and association

SewerElectricityCable

Lot and water

Carpet FreeIn-Law Suite
Mortgage & Affordability Estimate monthly costs
Purchase price$899,900
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
Blakeley
City
Hamilton
Postal code
L8M 1W3
Nearby
Cross Streets: Sherman ave/Main St. E. ** Directions: Main st to Sherman ave.