4 Rosemont Avenue,Hamilton, ON L8L 6M4
Hamilton, ON L8L 6M4
Description
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.
Details
| MLS # | X13518762 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 61 |
| Listing Provided By | EXP REALTY | X13518762 285400 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.02 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Not Applicable |
| Construction Materials | Stucco (Plaster) |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 2400 |
|---|---|
| Tax Legal Description | PART LOT 3, PL 375, PART 3, 62R22190; T/W CD214448 CITY OF HAMILTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8L 6M4 |
| Area | Stipley |
| Listing VS Median (in L8L 6M4) | |
Price: $599,900 low | high Med: $0 On site: 61 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8L 6M4 |
| Area | Stipley |
| Listing VS Median (in L8L 6M4) | |
Price: $599,900 low | high Med: $0 On site: 61 low | high Med: | |
