4 ROSEMONT AVENUE, Hamilton (Stipley)
$599,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13518762
- Neighbourhood
- Stipley
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.
Sold data
Homes in Stipley — recent sold market
Homes in Stipley took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $499,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $499,900
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 16%
Based on 67 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 (Stipley)
Hamilton (Stipley) 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 (Stipley)
- 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 4 ROSEMONT AVENUE
$499,900
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Multiplex521,500–2,000 sqft65 KINRADE AVENUE, Gibson, Hamilton
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Detached6+232,000–2,500 sqft121 EASTBOURNE AVENUE, St. Clair, Hamilton
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Detached621,100–1,500 sqft47 NIGHTINGALE STREET, Landsdale, Hamilton
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Detached431,100–1,500 sqft102 ROSSLYN AVENUE N, Crown Point, Hamilton