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5 MAPLEWOOD AVENUE, Hamilton, Ontario, L8M 1W3

MLS® # X13614392
Investment For Sale In Blakeley, Hamilton, Ontario
$899,900
5 Maplewood Avenue, Hamilton, ON - Outdoor With Facade
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5 MAPLEWOOD AVENUE, Hamilton, Ontario, L8M 1W3
$899,900

Property Information:

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities:
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Features: Carpet Free
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 34.5 Feet
  • Lot Size: 34.5 x 90 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: REAL ESTATE ADVISORS INC.

REALTOR.ca  

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Sales/Price History

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Market Price Trends

Single family detached

0.06%

Price change (1 year)

13.85%

Price change (5 years)

All Properties

0.06%

Price change (1 year)

13.77%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5 MAPLEWOOD AVENUE, Hamilton, Ontario, L8M 1W3

Demographic Information of 5 MAPLEWOOD AVENUE, Hamilton, Ontario, L8M 1W3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$110,887.94

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.19 %

High school certificate or equivalent

27.32 %

Apprenticeship trade certificate/diploma

6.41 %

College/non-university certificate

21.97 %

University certificate (below bachelor)

3.07 %

University Degree

28.04 %

Commuter

Travel To Work

By Car

73.92 %

By Public Transit

15.12 %

By Walking

4.28 %

By Bicycle

0.0 %

By Other Methods

6.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.55 %

Houses

74.45 %

Own Vs. Rent

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