119 Ottawa Street North, Hamilton (Crown Point) - Multi-family for Sale
119 Ottawa Street North, Hamilton (Crown Point), Ontario, L8H3Y9
This multi-family property in Hamilton is for sale offering roughly 3,470 sq ft of space. It has been on the market 29 days, fresher than the Hamilton average of 79 days.
Description
Welcome to 119 Ottawa Street North, a multi-unit investment opportunity ideally situated in the heart of Hamilton's vibrant Ottawa Street district. Located in an established and highly accessible neighbourhood, this property offers investors an opportunity to own in one of the city's most recognizable and evolving communities. Tenants can enjoy the convenience of a walkable location just steps from Ottawa Street's popular shops, restaurants, cafés and everyday amenities. Public transit is nearby, with convenient access to major transportation routes, Centre on Barton and Gage Park. An excellent opportunity for investors looking to add a well-located multi-unit property to their portfolio in a neighbourhood that continues to attract residents seeking convenience, character and accessibility. (id:66096)
Property Details
- MLS®
- X13867378
- Property Type
- Multi-family
- Zoning
- C5A
- Bedrooms
- 12
- Bathrooms
- 9
- Parking
- 10
- Interior Size
- 3,470 ft²
- Frontage
- 60 ft
- Building Area
- 3,470 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $18,331.5/yr
- Listed
- 29 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 79 days across the listings currently for sale in this city
This 12-bed multi-family in Hamilton (Crown Point) has been listed for 29 days, which is 50 days fresher than the city average of 79. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L8H)
This home lists at $1,275,000, about 18.2× the local median household income of $70,000.
Carrying it typically needs a household income of about $249,052 (20% down, 25-yr amortization, stress-tested) — roughly 256% above the area median.
- Median household income
- $70,000
- Population
- 26,187
- Median age
- 40
- Owner / renter
- 66% / 34%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L8H)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Full Cost Breakdown
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Rental cashflow calculator
Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,275,000
Hamilton