Property Details
4
Bedrooms3
Bathrooms2,047
Sq Ft
$725,000
Price
PROPERTY DESCRIPTION
Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities—making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park—home to exciting community events all summer long—this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don’t miss the chance to watch your investment thrive!
Stipley
Tucked in the heart of East Hamilton, Stipley is a dynamic neighbourhood full of character and change. Known for its early 20th-century charm and tree-lined streets, Stipley offers a mix of vintage brick homes, affordable detached properties, and promising investment opportunities—making it popular with first-time buyers, young families, and renovators.
Stipley is home to one of Hamilton’s most iconic landmarks: Tim Hortons Field, a hub for CFL games, community events, and concerts. Surrounding the stadium, the neighbourhood pulses with energy, especially on game days, adding to the authentic local vibe. Nearby Gage Park—one of Hamilton’s largest and most beloved green spaces—provides over 70 acres of gardens, walking paths, sports courts, and festivals like the Festival of Friends.
Families in Stipley benefit from several elementary schools and high schools within walking distance, and the area is served by multiple Hamilton Street Railway (HSR) routes for easy downtown access. For daily needs, residents enjoy local shops, multicultural restaurants, and growing small businesses along Main Street East and King Street East, all just steps away.
With ongoing revitalization efforts, close proximity to the Ottawa Street shopping district, and an increasingly vibrant arts scene, Stipley continues to evolve—blending affordability, urban convenience, and a strong sense of community.