49 West Avenue N, Hamilton
49 West Avenue N in Hamilton - 3 bedroom, 3 bathroom. Sold for $692,500. Listed at $750,000.
Turnkey Legal Triplex in Hamilton! Welcome to 49 West North Ave, a fully renovated and income-generating legal triplex offering a strong 6.4% cap rate and rare 3-car parking. This solid property features three self-contained 1-bedroom units, each with separate hydro meters and in-suite laundry. Completely updated in 2017, including new windows, doors, roof, wiring, hydro panels, LED lighting, and appliances-plus upgraded drainage, interlocking, and parking. A new boiler (2024) and hot water tank (2017) add long-term peace of mind. Set on a large lot with future development potential, this property offers flexibility: live in one unit and rent the others, or lease all three for solid cash flow. The main floor unit will be vacant-ideal for owner-occupiers or investors alike. A rare opportunity to own a fully modernized triplex in a growing, central Hamilton location close to transit, downtown, and amenities.
Property Details
- Property Type: Mortgage
- Style: Other
- Square Footage: 2250 sqft
- Basement: Unfinished
- Heating: Gas
- Cooling: Central Air
- Parking: 3 spaces
- Property Taxes: $3,396/yr
- Neighbourhood: Landsdale
- Postal Code: L8L 5C1
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