5 Maplewood Avenue, Hamilton
5 Maplewood Avenue in Hamilton - 4 bedroom, 4 bathroom. Listed at $899,900.
An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%.
Property Details
- Property Type: Mortgage
- Style: [2 1/2 Storey]
- Square Footage: 2250 sqft
- Basement: [Apartment
- Heating: Gas
- Cooling: [Central Air]
- Parking: 3 spaces
- Property Taxes: $4,500/yr
- Neighbourhood: Blakeley
- Postal Code: L8M 1W3
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