Solid 7-unit investment opportunity in Hamilton's desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one bachelor suite, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential.
Data was last updated February 10, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,599,000
Min list price:
$599,900
Max list price:
$6,795,000
Avg days on market:
70
Min days on market:
0
Max days on market:
221
These statistics are generated based on the current listing's property type
and located in
Hamilton. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.