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$879,000
Hamilton
224 Rosslyn Avenue, Hamilton (Crown Point), Ontario, L8L7P7
This multi-family property in Hamilton is for sale.
Fully Tenanted Investment Opportunity in Crown Point, Hamilton. Rare opportunity to acquire a renovated five-plex that consists of a semi-detached three-bedroom home, two 2 bedroom and two one bedroom units. Property is in one of Hamilton's most sought-after neighbourhoods. With over $150,000 in updates completed in 2025, this property offers turnkey stability, immediate income, and meaningful upside potential. The property consists of two attached buildings. The primary four-unit building features two fully renovated main-floor suites with modern kitchens, stainless steel appliances, updated bathrooms, and new flooring. All five units are currently tenanted, providing reliable cash flow from day one. A fully renovated two-storey, three-bedroom semi-detached home adds premium rental appeal. Located just two blocks from vibrant Ottawa Street, tenants enjoy easy access to shops, restaurants, Centre Mall, and Gage Park, with convenient connectivity to the Red Hill Valley Parkway and QEW. An ideal opportunity for investors seeking a strong income property in a high-demand rental area with additional upside. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 240 days on market, against an average age of 79 days across the listings currently for sale in this city
This 9-bed multi-family in Hamilton (Crown Point) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $879,000, about 13.5× the local median household income of $65,000.
Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 164% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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