108 Victoria Avenue N,Hamilton, ON L8L 5E5
Hamilton, ON L8L 5E5
Description
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital,public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout
Details
| MLS # | 40841133 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 117 |
| Listing Provided By | RE/MAX Realty Specialists Inc. | Violeta Vasic Stankovic |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,900 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | D |
| Acreage | 0.11 |
Interior
| Appliances | Built-in Microwave, Dishwasher, Disposal, Stove |
|---|---|
| Rooms Total | 19 |
| Interior Features | High Speed Internet, Built-In Appliances, In-law Capability, In-Law Floorplan, Upgraded Insulation |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Fireplaces Total | 1 |
| Laundry Features | Coin Operated, In Basement, Shared, Sink |
Exterior
| Exterior Features | Landscaped, Private Entrance |
|---|---|
| Lot Features | Urban, Rectangular, City Lot, Hospital, Major Highway, Park, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby |
| Construction Materials | Aluminum Siding, Brick, Block, Concrete |
| Roof | Shingle |
| Foundation Details | Concrete Perimeter, Concrete Block |
| Patio And Porch Features | Porch, Enclosed |
| Security Features | Carbon Monoxide Detector, Smoke Detector |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Utilities | At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water, Cable Connected |
|---|---|
| Sewer | Sewer (Municipal) |
Taxes
| Tax Annual Amount | 4461.46 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 5E5 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $849,000 low | high Med: $3,000 sqft: 3,900 low | high Med: 3,000 $ / sqft: $218 low | high Med: $1 On site: 117 low | high Med: 149 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 5E5 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $849,000 low | high Med: $3,000 sqft: 3,900 low | high Med: 3,000 $ / sqft: $218 low | high Med: $1 On site: 117 low | high Med: 149 | |
