Type: Detached
Style: Bungalow
Size: Sq Ft
Age: Years
Taxes: $ 4,478 ( 2025)
Updated: 2026-05-21 01:16:52
Income-Generating Triplex on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton\'s most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you\'re expanding a portfolio or entering the market with built-in income, this triplex checks every box.
Detached
Status: For Sale
MLS #: X13097588
Price: $ 899,900
Address: 683 SEVENTH Avenue
Type:
Style: Bungalow
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 4,478
Tax Year: 2025
Lot Size:
Neighbourhood: Macassa
Nearest Intersection: SOUTH ON UPPER GAGE AVE
City: Hamilton
Postal Code: L8V 1Z1
DOM: 9 Days
Last Update: 2026-05-21 01:16:52
Bedrooms: 6
Bathrooms: 3
Rooms: 0
Kitchens: 2
Family Room:
Fireplace:
Basement: Apartment Separate Entrance,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private Double
Garage Spaces:
Parking Spaces: 3.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: