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BEDROOMS4
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KITCHENS15
ROOMSX13075884
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Property Description
A legal triplex comprising three self contained units with separate hydro meters. Property is ready for rental income. Main floor - spacious living room, 2 bedrooms, eat-in kitchen, 3 pc bathroom Second floor - 2 bedrooms, spacious living room, eat-in kitchen, 3 pc bathroom Third floor - 1 bedroom, living room, eat in kitchen, 3 pc bathroom Lower - 2 bedroom, 3 pc bathroom, kitchen, living room, laundry Well proportioned and functional layouts in a neighbourhood investors consistently seek out. A quiet, tree-lined street within walking distance to schools, parks, and transit, with strong rental demand to match. Private driveway, shared on-site laundry, and a generous backyard add to tenant appeal. Potential to explore conversion to a fourplex (buyer to verify with municipality).A versatile multi-unit property. Ideal for investors who want to live in one unit and rent the others or hold as a straight income property. A rare investment opportunity and must see!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-04-04 | 2017-04-19 | 15 | $739,000 | $750,100 |
Nearby Intersections
Property Features
Other
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Property Details
Address
147 Holton Avenue
Community
City
Postal Code
L8M 2L6
Property Type
Triplex, Triplex
Lot Size
40' x 80'
Taxes
$3,196 (2025
Basement
Apartment, Separate Entrance, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Homelife Silvercity Realty Inc.
Legal non-conforming triplex with three self-contained, above-ground units and strong cashflow. Ideal for investors or buyers looking to live in one unit and rent the others. Located in a desirable Hamilton rental corridor. One unit is currently vacant, offering flexibility for immediate occupancy or rent. The main floor offers a spacious 3-bedroom unit with basement access, private fenced backyard, and storage shed. The upper level includes two well-designed units: a bright 2-bedroom unit with open-concept kitchen and a 1-bedroom unit with spacious kitchen. The upstairs units have access to a shared outdoor space. All units feature functional layouts with in-suite washer/dryers and separate hydro meters. Ample parking available at both the front and rear of the house, a valuable feature for a multi-unit property. Located in a high-demand area with convenient transit access along Wentworth, Stinson, and Main Streets, quick access to Hamilton GO Station, direct routes to McMaster University, steps to the Escarpment Rail Trail (Bruce Trail system), and stairs to the Mountain. Conveniently located near major employment centers, schools, hospitals, grocery stores, and restaurants. Located in R1a zoning designation that permits up to four residential units, offering future development or value-add potential. A rare opportunity to own a solid income-producing triplex in a prime Hamilton location.
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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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