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BEDROOMS3
BATHROOMS3
KITCHENS15
ROOMSX12429826
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Property Description
Step into the charm of this Victorian-style triplex, a solid brick beauty filled with character and smart modern updates. Perfectly located near downtown, schools, and public transit, this property is as convenient as it is charming.Each of the three renovated suites has its own laundry and separate hydro meters. All units are above ground! Second and third kitchens have quarts countertops! Stainless steel appliances! The main level boasts a 2-bedroom suite with a grand living room with a 3-sided fireplace. Upstairs, the 2-bedroom second-floor unit offers not only spacious living but also a private back entrance and a sunny patio made for entertaining. Unit two has access from the front of the building and the back. The top-floor suite features a large eat-in kitchen, airy living room with front-facing views, and its own private entrance from the back of the house. With a low-maintenance fenced backyard, a handy storage shed, and a full basement with separate access, this triplex offers both character and practicality. 3 parking spots off of the back lane. Excellent long-term tenants are already in placemaking this a cash-flow investment that truly works for you.
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Nearby Intersections
Property Features
In-Law Capability, Built-In Oven
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Property Details
Address
103 Victoria Avenue
Community
City
Postal Code
L8N 2S9
Property Type
Triplex, Multiplex
Lot Size
23' x 145'
Acreage
0.1 Acres
Taxes
$5,959 (2025
Basement
Development Potential, Full
Exterior
Canopy, Landscaped, Porch, Paved Yard, Patio, Deck
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Honestdoor Inc.
Legal triplex in Central Hamilton offering nearly 2,500 square feet of finished space, with potential for a 4th Unit. This cash-flowing asset generates over $5,170 in monthly income and is set up for efficient management with 3 hydro meters, 3 gas meters, 2 furnaces, and 3 hot water tanks. All units feature in-suite laundry, and tenants pay their own gas and hydro, keeping operating expenses low. Unit 1 features a main-floor two-bedroom with basement storage, tenanted for $1,950 plus utilities. Unit 2 is a second-floor 2-bedrooam rented at $1,520 plus utilities. Unit 3 is a Vacant third floor 2-bed, currently vacant with a market rate of $1,700 + utilities. Additional value lies in 2-car driveway parking and TOC zoning, which allows for the opportunity to unlock further income through a 4th basement Unit. Located between Main and King streets along the future LRT plans, this property is positioned for long-term growth with proximity to Jackson Square, Hamilton GO Centre, and Hamilton General Hospital. This is an ideal opportunity for investors seeking stable income and future upside.
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Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive!
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