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Last Updated : 372 Days ago
13 Westinghouse Avenue, Hamilton, ON, Gibson

13 Westinghouse Avenue, Hamilton MLS Number: 40679839

Gibson, Hamilton, ON, L8L 6E4

$985,000

Status:

  • 9+ Beds
  • 6 Baths
  • Area : 2084 sqft
  • Property Type: Residential Income (Multi-6-9 Unit)
  • Property Taxes : $4727 (Tax Year:2024)
  • Listing Courtesy : Keller Williams Signature Realty, Brokerage

13 Westinghouse Avenue Property Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.

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13 Westinghouse Avenue Property Facts

Property Type :Residential Income
MLS Number :40679839
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :27 Nov, 2024 (372 Days ago)
Source :Oakville
Area :Hamilton
City :Hamilton
Area Major :20 - Hamilton Centre
Area Minor :200 - Gibson/Stipley
Postal Code : L8L 6E4
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Directions :Westinghouse Ave

13 Westinghouse Avenue Property Price & Tax Insights

Price : $985,000
Property Taxes :$4727
Tax Year :2024

13 Westinghouse Avenue, Hamilton Property Details

Bedrooms :9 +
Air Conditioning :Ductless
Heating :Forced Air
Bathrooms :6
Approx Square Footage :2084 sqft

13 Westinghouse Avenue, Hamilton - Price History

2024-11

21 Nov, 2024

TREB #40679839

Listed

$985000

13 Westinghouse Avenue - Location Map and Landmarks

  • Hamilton General, Hamilton 1.05 km
  • St. Peter's, Hamilton 1.65 km
  • Juravinski  and Cancer Centre, Hamilton 2.08 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 2.54 km
  • McMaster University Medical Centre, Hamilton 2.55 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 3.93 km
  • McMaster Children's, Hamilton 6.09 km
  • Joseph Brant, Halton 7.25 km
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