Welcome to 309 Strathearne Avenue, a fully renovated six-unit residential building in the heart of Hamilton’s east end. This exceptional, turnkey investment property is fully tenanted, offering immediate and stable cash flow for investors seeking a low-maintenance addition to their portfolio. The building has undergone recent renovations, enhancing both the interior suites and overall property condition. Each unit is well-maintained, appealing to quality tenants and supporting strong rental demand in this established neighbourhood. At the rear of the property, you’ll find a large paved parking lot providing ample on-site parking — a highly desirable feature for tenants. Additional income potential is generated through the convenient coin-operated laundry facilities located within the building. The property is efficiently serviced by a boiler heating system and an on-demand tankless water heater, helping to manage operating costs while ensuring reliable performance. Ideally situated near the Queenston Traffic Circle, the building offers excellent connectivity to major routes. It is also close to public transit options, making it especially attractive for tenants who do not own a vehicle. This is a rare opportunity to acquire a well-maintained, income-producing asset in a strong rental location with solid fundamentals and long-term upside. (id:4069)
Address
309 STRATHEARNE Avenue
List Price
$1,375,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
6
Bathrooms
6
Floor Area
3,100 Sq. Ft.
MLS® Number
40805756
Listing Brokerage
RE/MAX Real Estate Centre Inc.
Basement Area
Full (Finished)
Postal Code
L8H5K8
Zoning
C
Site Influences
Park, Public Transit
Features
Paved driveway, Laundry- Coin operated
