102 Rosslyn Avenue

Crown Point, Hamilton, L8L 7P4
FOR SALE
$649,000
102 Rosslyn Avenue, Hamilton
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
102 Rosslyn Avenue
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Property Description
102 Rosslyn Avenue N, Hamilton is an investment property within a portfolio. A five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
Sold History
List Date Sold Date Days Listed List Price Sold Price
2021-04-20 2021-05-02 12 $698,000 $678,000
2019-08-19 2019-12-05 108 $579,000 $560,000
Nearby Intersections
Property Features
None
Property Details
Address
102 Rosslyn Avenue
Community
Postal Code
L8L 7P4
Property Type
Detached, Detached
Lot Size
20' x 100'
Taxes
$3,130 (2025
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
Listing contracted with Exp Realty
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