224 Rosslyn Avenue N Hamilton, Ontario L8L 7P7
$999,000
Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity. (id:50886)
Property Details
| MLS® Number | X12234086 |
| Property Type | Multi-family |
| Community Name | Crown Point |
| Features | Irregular Lot Size |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Basement Type | Crawl Space |
| Exterior Finish | Steel, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 100 Ft |
| Size Total Text | 56 X 100 Ft |
https://www.realtor.ca/real-estate/28496835/224-rosslyn-avenue-n-hamilton-crown-point-crown-point
Contact Us
Contact us for more information
Roman Rana
Salesperson
(877) 306-4776
www.romanrana.com/
276 Danforth Avenue
Toronto, Ontario M4K 1N6
(416) 364-2036
(416) 364-5546
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June 19 2025 11:27:56
Toronto Regional Real Estate Board
Ipro Realty Ltd.