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6
BEDROOMS 4
BATHROOMS 2
KITCHENS 12 + 1
ROOMS X13529670
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Property Description
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-02-15 | 2024-03-05 | 19 | $949,000 | $885,000 |
Property Features
Other
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Property Details
Address
80 Maclennan Avenue
Community
City
Postal Code
L8V 1X6
Property Type
Duplex, Duplex
Lot Size
60' x 96'
Taxes
$6,229 (2026
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Listing contracted with Exp Realty
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units - All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience!
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A RARE opportunity to own a home that can help pay for itself - right in the heart of Cork town. Newly renovated and thoughtfully designed, this unique property offers two fully self-contained living spaces under one ownership - ideal for those looking to live in one unit while generating income from the other, accommodate extended family, or invest in a flexible asset. Each unit features 3 bedrooms, 2 bathrooms, laundry rooms, and a full-sized kitchen, along with separate hydro and gas meters - offering true independence and functionality on both sides. Finished with luxury vinyl flooring, stainless steel appliances, pot lights, and quartz countertops throughout. Set directly across from an elementary school, the home benefits from a strong sense of community and everyday convenience, while being just minutes to downtown Hamilton, the GO Station, and a short walk to St. Joseph's Hospital. Enjoy nearby cafes, restaurants along Augusta Street, and easy access to Cork town Park, trails, and escarpment views - creating a balance between urban living and natural surroundings. Located in Cork town, one of the city's most walkable and evolving neighbourhoods, this is a location that continues to attract buyers seeking both lifestyle and long-term value. Whether you're a homeowner looking for added financial flexibility or an investor searching for a well-located, turn-key opportunity - this is a property that offers more than just a place to live. It offers options.
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