4 ROSEMONT AVENUE,Hamilton (Stipley),Ontario,L8L6M4
For sale
$599,900
4 ROSEMONT AVENUE,Hamilton (Stipley),Ontario,L8L6M4
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 4 Rosemont Avenue Hamilton is an investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | X13518762 |
| Listing price | : | $599,900 |
| Listed on | : | 11-07-2026 |
| Property subtype | : | For sale |
| Square footage | : | 1500 sqft |
| Year built | : | 0000 |
| Listing office | : | EXP REALTY |
BEDROOM & BATHROOM
| Total bedrooms | : | 6 Bedrooms |
| Total bathrooms | : | 3 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |