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RE|LANTIS Network

thomas@thomasbarcier.com +1(415) 567-3866

$ 874,900

Est. payment -/mo

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Price Dropped by $25K

683 SEVENTH AVE S Hamilton, ON L8V 1Z1

6 Beds

3 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Macassa

MLS Listing ID X13097588

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,478

Tax Year 2025

Property Sub-Type Detached

Property Description

Income-Generating 3 legal units on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box.

Location

Province ON

County Hamilton

Area Hamilton

Zoning R1

Rooms

Basement Apartment, Separate Entrance

Kitchen 2

Interior

Interior Features Accessory Apartment, Carpet Free

Cooling Central Air

Inclusions 3 Fridges, 2 Stoves, Dishwasher, B/I Microwave, Basement microwave, Existing light fixtures & window coverings.

Exterior

Parking Features Attached

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 3

Building

Building Age 31-50

Foundation Concrete Block

Others

Virtual Tour https://www.youtube.com/watch?v=AdSwZnEI2FI

Lited by RE/MAX REAL ESTATE CENTRE INC.

GET MORE INFORMATION

+1(415) 567-3866

thomas@thomasbarcier.com