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683 Seventh Avenue S Hamilton, Ontario L8V 1Z1

6 Bedroom 3 Bathroom 1100 - 1500 sqft
Bungalow Central Air Conditioning Forced Air

$899,900

Income-Generating Triplex on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box. (id:60365)

Property Details

MLS® Number X13097588
Property Type Single Family
Community Name Macassa
AmenitiesNearBy Hospital, Park, Public Transit, Schools
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Carpet Free
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 3
BedroomsTotal 6
Age 31 To 50 Years
Appliances Dishwasher, Microwave, Two Stoves, Window Coverings, Refrigerator
ArchitecturalStyle Bungalow
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a, N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Laminate, Hardwood
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1100 - 1500 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 96 Ft ,2 In
SizeFrontage 40 Ft ,1 In
SizeIrregular 40.1 X 96.2 Ft
SizeTotalText 40.1 X 96.2 Ft|under 1/2 Acre
ZoningDescription R1

Rooms

Level Type Dimensions
Basement Bedroom 3.88 m x 3.58 m
Basement Bathroom 2.54 m x 1.5 m
Basement Living Room 5.36 m x 4.3 m
Basement Kitchen 5.36 m x 4.3 m
Basement Bedroom 5.36 m x 4.3 m
Basement Bathroom 2.39 m x 1.3 m
Basement Laundry Room 3.35 m x 2.5 m
Basement Kitchen 5.2 m x 4.3 m
Basement Living Room 5.2 m x 4.3 m
Basement Bedroom 3.88 m x 3.58 m
Main Level Living Room 3.96 m x 5 m
Main Level Dining Room 3.96 m x 2.92 m
Main Level Kitchen 5.33 m x 4 m
Main Level Primary Bedroom 4.19 m x 3.81 m
Main Level Bedroom 4.5 m x 3.28 m
Main Level Bedroom 3.96 m x 2.84 m
Main Level Bathroom 4.5 m x 1.52 m

https://www.realtor.ca/real-estate/29717453/683-seventh-avenue-s-hamilton-macassa-macassa

Jaya Kaur Dewan
Salesperson


RE/MAX Real Estate Centre Inc.
2 County Court Blvd. Ste 150
Brampton, Ontario L6W 3W8

Jay Dewan
Broker


RE/MAX Real Estate Centre Inc.
2 County Court Blvd. Ste 150
Brampton, Ontario L6W 3W8

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