25 WEST AVENUE S, Hamilton (Stinson)
$1,575,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 7 bedrooms, 7 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X13471114
- Neighbourhood
- Stinson
Solid 7-unit investment opportunity in Hamilton's sought-after Corktown neighbourhood. This well-maintained asset features six oversized 1-bedroom + den units and one 1-bedroom basement suite, with the larger units offering strong potential for conversion to 2-bedroom layouts, creating a clear value-add opportunity. Current operations generate a 6.1% cap rate based on existing income and expenses, supported by a stable tenant base and consistent rental demand. The property benefits from separately metered hydro, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear parking area. Six units feature private balconies with rear fire escape access. Well-maintained common areas and attractive landscaping contribute to tenant retention and curb appeal. Ideally situated in a high-demand rental location close to downtown Hamilton, major transit routes, hospitals, employment centres, and everyday amenities. An excellent opportunity for investors seeking stable cash flow with meaningful upside through future unit optimization and rental growth.Private Remarks:
Sold data
Multiplex homes in Hamilton (Stinson) — recent sold market
Multiplex homes in Hamilton (Stinson) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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.
- Median days to sell
- 42
- Median sale price
- $769,900
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 8%
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
Schools in Hamilton (Stinson)
Hamilton (Stinson) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
- Rated schools
- 130
- Elementary
- 108
- Secondary
- 22
- Average rating
- 5.6 / 10
Top-rated schools in Hamilton (Stinson)
- Corpus Christi — elementary, HamiltonFraser rating 10.0/10
- Norwood Park — elementary, HamiltonFraser rating 8.4/10
- Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
- Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
- Westmount — secondary, HamiltonFraser rating 7.3/10
- Sacred Heart — elementary, HamiltonFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 25 WEST AVENUE S
$2,480,000
Multiplex785,000–100,000 sqft184 KING STREET E, Beasley, Hamilton
$1,999,000
Multiplex1465,000–100,000 sqft424 EAST 42ND STREET, Hampton Heights, Hamilton
$1,125,000
Multiplex1695,000–100,000 sqft22 & 24 RIVER STREET, 561 - Port Robinson, Thorold
$4,495,000
Multiplex12+4105,000–100,000 sqft121 FOURTH STREET, New Toronto, Toronto
$1,300,000
Multiplex11+255,000–100,000 sqft500-502 COLBORNE STREET, East F, London East
$3,400,000
Multiplex12115,000–100,000 sqft370 WILLIAM STREET, Exeter, South Huron
$1,799,000
Multiplex685,000–100,000 sqft154 WILLIAM STREET, Victoria Harbour, Tay
$2,200,000
Other7+265,000–100,000 sqft159 WINDERMERE ROAD, North A, London North