4 Rosemont Avenue, Hamilton - $599,900 | Modern Solution Realty

4 Rosemont Avenue

4 Rosemont Avenue, Hamilton

4 Rosemont Avenue in Hamilton - 6 bedroom, 3 bathroom. Listed at $599,900.

4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Development Potential
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 1 space
  • Property Taxes: $2,400/yr
  • Neighbourhood: Stipley
  • Postal Code: L8L 6M4

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