Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building’s existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9–20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7–8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to buyer due diligence and municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton’s evolving urban pockets. (id:51158)
| MLS® Number | 40802078 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Quiet Area, Community Centre, School Bus |
| Equipment Type | Water Heater |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 4,917 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Open |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 90 Ft |
| Size Frontage | 55 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 15'4'' x 19'4'' | ||
| Second Level | 4pc Bathroom | 6'6'' x 6'10'' | ||
| Second Level | Kitchen | 6'11'' x 10'8'' | ||
| Second Level | Dining Room | 9'10'' x 10'8'' | ||
| Second Level | Sunroom | 5'5'' x 5'5'' | ||
| Second Level | 4pc Bathroom | 8'6'' x 8'0'' | ||
| Second Level | Bedroom | 17'0'' x 8'5'' | ||
| Second Level | Dining Room | 10'8'' x 5'5'' | ||
| Second Level | Kitchen | 9'0'' x 8'1'' | ||
| Second Level | Living Room | 20'7'' x 12'0'' | ||
| Third Level | Den | 14'9'' x 7'8'' | ||
| Third Level | Bedroom | 19'8'' x 12'8'' | ||
| Third Level | Bedroom | 33'6'' x 16'2'' | ||
| Basement | Storage | 16'0'' x 5'5'' | ||
| Basement | Bedroom | 15'1'' x 11'10'' | ||
| Basement | Office | 8'6'' x 8'5'' | ||
| Basement | Utility Room | 6'2'' x 8'10'' | ||
| Basement | 4pc Bathroom | 2'5'' x 11' | ||
| Basement | Kitchen | 13'1'' x 6'4'' | ||
| Basement | Living Room | 15'4'' x 14'1'' | ||
| Main Level | Bedroom | 16'7'' x 21'4'' | ||
| Main Level | Kitchen | 9'10'' x 25'5'' | ||
| Main Level | 4pc Bathroom | 6'0'' x 6'10'' | ||
| Main Level | Living Room | 15'4'' x 19'4'' | ||
| Main Level | Bedroom | 15'1'' x 7'10'' | ||
| Main Level | 4pc Bathroom | 9'6'' x 3'9'' | ||
| Main Level | Eat In Kitchen | 10'0'' x 10'0'' | ||
| Main Level | Living Room | 20'9'' x 13'7'' |
https://www.realtor.ca/real-estate/29370842/27-ontario-avenue-hamilton
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