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6
BEDROOMS4
BATHROOMS3
KITCHENS10
ROOMSX12935618
MLSIDContact Us
Property Description
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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Nearby Intersections
Property Features
Water Heater
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Property Details
Address
164 Wentworth Street
Community
City
Postal Code
L8N 2Z2
Property Type
Triplex, Triplex
Lot Size
40' x 110'
Taxes
$5,030 (2025
Basement
Separate Entrance, Unfinished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Carport
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Listing contracted with Sutton Group-Admiral Realty Inc.
Welcome to this exceptional opportunity to own a fully tenanted 2.5-storey triplex ideally located on a prominent corner lot in Hamilton's vibrant east end. Perfectly suited for buyers looking to break into the market with the advantage of built-in rental income, this property offers the ideal blend of homeownership and long-term financial flexibility. Whether you are looking to offset your mortgage through house hacking, build equity faster, or expand your real estate portfolio with a cash-flowing asset, this is the type of property that delivers versatility and upside. The home features three self-contained units across a spacious and character-filled layout, along with the added convenience of a side parking pad. Currently generating approximately $51,576 in annual gross income with a projected NOI of roughly $41,688 annually, the property also presents a strong conservative income profile even when accounting for management and maintenance reserves. Situated on Cannon Street East, the location provides excellent access to public transit, major routes, schools, parks, and Tim Hortons Field, while remaining close to everyday amenities and growing neighbourhood conveniences. A rare opportunity to secure an income-generating property with strong fundamentals, mortgage-support potential, and long-term value growth in one of Hamilton's evolving communities.
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