259 Victoria Avenue

This legal duplex offers two self-contained units, making it a versatile opportunity for investors seeking reliable rental income and long-term growth. One of the units features a bright and open living room located in the loft, where high ceilings and large windows create a spacious, inviting atmosphere. Situated in Hamilton's Gibson neighbourhood, just minutes from downtown, the property benefits from excellent access to schools, parks, shopping, and transit. Its central location places tenants within easy reach of Barton Street, Sherman Avenue, and major roadways, while also offering quick connections to Hamilton's vibrant downtown core with restaurants, entertainment, and business amenities.

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.