54 Frederick Avenue
Crown Point, Hamilton, L8H 4K4
FOR SALE
$854,999
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5 + 1
BEDROOMS 3
BATHROOMS 3
KITCHENS 14
ROOMS X13614794
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Property Description
Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-05-01 | 2024-05-20 | 19 | $899,900 | $875,000 |
Nearby Intersections
Property Features
Public Transit, Place Of Worship, School, Carpet Free, Water Heater, Street Only
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Property Details
Address
54 Frederick Avenue
Community
City
Postal Code
L8H 4K4
Property Type
Triplex, Triplex
Zoning
Triplex
Lot Size
27' x 70'
Taxes
$3,831 (2026
Basement
Unfinished
Heat Type
Radiant
Heat Source
Other
Water
Municipal
Garage Type
None
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Listing contracted with Exp Realty
Well-maintained, vacant TRIPLEX in a prime Hamilton location-ready for investors or owner-occupiers to set their own rents and maximize cap rate potential. Freshly Painted. All three self-contained units feature separate entrances, full kitchens, and full bathrooms. Separately metered for added convenience and minimal ongoing management, making it an ideal turnkey investment.The property also offers a coin-operated laundry (washer and dryer) in the basement, providing additional income potential. A spacious driveway and detached garage present further opportunities for rental income.Located just steps from Hamilton General Hospital and Ron Joyce Children's Health Centre, this property is highly attractive to healthcare professionals and other quality tenants. Conveniently close to Shoppers Drug Mart, Food Basics, Canadian Tire, public transit, schools, parks, and other everyday amenities, with easy access to major highways and downtown Hamilton.
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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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Spacious 2,450 sq ft triplex in Hamilton's desirable Stinson neighbourhood. Three self-contained units with strong rental potential. Located on a quiet, characteristic filled street close to downtown, parks, transit, highway access and all amenities. Great opportunity to add value and increase income in a staple of one Hamilton most flourishing neighborhoods.
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