62 Barnesdale Avenue

Beautifully renovated in 2023, this legal triplex offers an exceptional investment opportunity in Hamilton! This detached 2.5-storey property features three self-contained, above-grade one-bedroom apartments, each with its own separate hydro meter. An excellent opportunity for investors seeking multiple income streams or multigenerational living. Ideally located just steps to Victoria Park and minutes to the Harbour Waterfront Trail, Bayfront Park, Jackson Square Shopping Centre, The Centre on Barton, McMaster University and Mohawk College. Convenient access to West Harbour GO Station, public transit and Highway 403 for commuters travelling to Toronto. Three units, three separate hydro meters and endless investment potential! A rare opportunity to own a renovated legal triplex in a convenient Hamilton location!

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.