The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity!
Property Details
Listing
MLS® number
X13827776
Status
For Sale
Listed
Sep 25, 2026
Last updated
Oct 5, 2026
Possession
Flexible
Building
Type
Multi-Family
Style
2-Storey
Approx. age
51-99
Approx. size
1,500–2,000 ft²
Basement
Finished, Separate Entrance
Lot
Frontage
50.00 ft
Depth
109.00 ft
Lot area
≈ 5,450 ft² (calculated)
View
West
Community
Strathcona
Parking & utilities
Garage
Detached, Garage, 2 spaces
Driveway
Private Double, 8 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$6,586 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX ABOUTOWNE REALTY CORP.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 2
Kitchens: 2 above grade · 1 below grade
Basement: Finished, Separate Entrance
Heating: Forced Air
Cooling: Central Air
Exterior
Pool features: None
Property features: Fenced Yard, Library, Marina, Park, Public Transit, School
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,024/mo
Mortgage (principal + interest)$3,475
Property taxFrom listing: $6,586/yr$549
Minimum $67,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$185,800
Ontario land transfer taxProvincial brackets, no first-time refund$15,055
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$203,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
