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Property Description
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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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-02-04 | 2021-02-12 | 8 | $679,899 | $830,000 |
Nearby Intersections
Property Features
Rec./Commun.Centre, Place Of Worship, Park, Public Transit, Library, School, Separate Hydro Meter, Lane
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Property Details
Address
115 Spadina Avenue
Community
City
Postal Code
L8M 2X4
Property Type
Triplex, Triplex
Zoning
C
Lot Size
29' x 87'
Taxes
$5,511 (2025
Basement
Unfinished, Full
Heat Type
Baseboard
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd.
AMAZING value in this 3-unit property in the desirable Normanhurst neighbourhood! All 3 units above grade with tons of natural light. The front main floor unit features a bright and airy open concept 1 bedroom unit with private entrance at the front of the house, luxury vinyl flooring, modern white kitchen and in suite laundry. In the rear, you will find an another 1bedroom unit with private entrance featuring 4 piece bath and upstairs, is a beautiful spacious 2 bedroom unit featuring in suite laundry and natural light from every angle. This property features 3 hydro meters, 3 gas meters and plenty of private on-site parking. Located close to all amenities with prime highway access, plenty of parks and schools, this investment property is the perfect addition to your portfolio!
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All 3 units are now vacant, waiting for the right artist to paint their picture.Attention Investors & Owner-Occupiers! Welcome to the triplex at 22 Myrtle Avenue, nestled in the highly sought-after St. Clair/Berkley neighbourhood.Offering a perfect blend of charm, strong income potential, and long-term growth, this property presents an excellent opportunity for owners to maximize rental income by tailoring all 3 units to their specific vision.Whether you're an investor seeking reliable cash flow or a homeowner exploring house-hacking options, this triplex delivers outstanding value-add potential. The main unit features 2 spacious bedrooms, 2 full bathrooms, 2 living rooms, in-suite laundry, and a generous 1,294 sq ft of living space - ideal for comfortable living or premium rental income. The second-floor unit offers 2 bedrooms, 1 bathroom, in-suite laundry, a dishwasher, brand-new appliances, and 735 sq ft of modern living space - combining convenience with strong tenant appeal. The third-floor unit includes 1 bedroom, 1 bathroom, and over 600 sq ft - perfect for a single tenant, student, or short-term rental. Deep L-Shape lot with a detached garage.Located just 5 minutes from downtown in one of Hamilton's most vibrant and walkable neighbourhoods, the property is surrounded by cafés, restaurants, bars, and boutique shops. Residents also enjoy excellent public transit access and are within easy reach of the future LRT line, ensuring continued growth and increasing demand.
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