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$1,350,000
Ontario,Hamilton
For Sale Active
253 MOHAWK Road E, Hamilton, Ontario L9A2H5
  • 11
  • 6
  • 3,800 Sqft
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Basic Details
Description

Located in a sought-after neighbourhood, this well-maintained multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area with easy access to public transit. With a total annual rental income exceeding $114,000, this property boasts a strong return on investment and competitive Capitalization Rate of 6% (after vacancy). The solid brick building features two 1-bedroom apartments,

three 2-bedroom apartments, and one 3-bedroom apartment– each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don’t miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40798741
  • Price: $1,350,000
  • Bedrooms: 11
  • Bathrooms: 6
  • Square Footage: 3,800 Sqft
  • Year Built: 1963
  • Status: Active
  • Office Name: The Agency
  • Property Sub Type: Multi-family
  • Office Key: 286831
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Basement: Full, Partially finished
  • Parking: Open
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 176 - Hill Park, L9A2H5
  • Street: MOHAWK
  • Street Number: 253
  • Street Suffix: Road
  • Longitude: W80° 7' 50.2''
  • Latitude: N43° 13' 32.7''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Number Of Units Total: 6
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6500
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Listing updated: 2026-03-12 05:22:48
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Listing Information
  • List Agent Key: 2032649
  • List Office Key: 286831
  • Modification Timestamp: 2026-03-08T14:20:34Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-03-08T14:10:34Z
Powered by REALTOR.ca
Listing updated: 2026-03-12 05:22:49
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