$849,000
For sale: Detached

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
Sold data
Detached homes in Hamilton (Beasley) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 833 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $767,777.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 833 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Beasley) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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