$879,000
For sale: Multiplex

Fully Tenanted Investment Opportunity in Crown Point, Hamilton. Rare opportunity to acquire a renovated five-plex that consists of a semi-detached three-bedroom home, two 2 bedroom and two one bedroom units. Property is in one of Hamilton's most sought-after neighbourhoods. With over $150,000 in updates completed in 2025, this property offers turnkey stability, immediate income, and meaningful upside potential. The property consists of two attached buildings. The primary four-unit building features two fully renovated main-floor suites with modern kitchens, stainless steel appliances, updated bathrooms, and new flooring. All five units are currently tenanted, providing reliable cash flow from day one. A fully renovated two-storey, three-bedroom semi-detached home adds premium rental appeal. Located just two blocks from vibrant Ottawa Street, tenants enjoy easy access to shops, restaurants, Centre Mall, and Gage Park, with convenient connectivity to the Red Hill Valley Parkway and QEW. An ideal opportunity for investors seeking a strong income property in a high-demand rental area with additional upside.
Sold data
Multiplex homes in Hamilton (Crown Point) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $769,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 87 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Crown Point) 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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