224 ROSSLYN AVENUE N, Hamilton, Ontario
$999,000
- 9 Beds
- 5 Baths
Investor Opportunity in Crown Point, Hamilton Renovated Five-Plex including a semi Detached 3bdrm Home. Presenting a rare turnkey investment opportunity in the heart of Hamiltons sought-after Crown Point neighborhood. This updated five-plex offers strong rental income potential and long-term value, with over $150,000 in renovations completed in 2025 alone. The property consists of two attached buildings: Primary Building: Four units two fully renovated main-floor units featuring modern kitchens with stainless steel appliances, updated bathrooms, and new flooring. Two upper-level units are maintained and currently tenanted, providing immediate cash flow. Bonus Feature: includes a semi-detach fully renovated 2-story 3-bedroom home, offering premium rental appeal or ideal owner-occupancy. Located just two blocks from vibrant Ottawa Street, tenants enjoy proximity to shops, restaurants, Centre Mall, and Gage Park. Quick access to the Red Hill Valley Parkway and QEW ensures commuter convenience. Whether you're an experienced investor or entering the multi-residential market, this upgraded asset in a high-demand area offers a solid mix of immediate income and future upside. Strong upside potential with below-market rents in place. Two long-term tenants are on grandfathered leases, providing a clear path to increased cash flow as units turn and rents are brought to market levels. Dont miss this opportunity. (id:23309)
- Listing ID: X12234086
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 224 ROSSLYN AVENUE N in Hamilton Ontario. It was last modified on June 19th, 2025. Contact Karim Ellis to schedule a viewing or to discover other Hamilton real estate for sale.