145 Victoria Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Stinson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,995,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 14 Bedrooms and 8 Bathrooms with 8 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 66 x 86 ft lot
- 8.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Separate Heating Controls
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via gas
Description
Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside. Financials available upon request.
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Property Summary
This multiplex located at 145 Victoria Avenue, Hamilton is currently for sale and has been available on SousaSells for 554 days. This property is listed at $1,995,900 with an estimated mortgage of $6,644* per month. It has 14 beds, 8 bathrooms, and is 5000 + square feet. 145 Victoria Avenue, Hamilton is in the Stinson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Public Transit, School, Park, Rec./Commun.Centre
Interior Features
Separate Hydro Meter, Separate Heating Controls
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 145 Victoria Avenue S, Hamilton, ON L8N 2T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,995,900 in Hamilton, the legal minimum down payment is $399,180 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,393 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,393.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.