ON > Hamilton > Gibson
Hamilton, ON L8L 6E4,13 Westinghouse AVE
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Hamilton, ON L8L 6E4,13 Westinghouse AVE
Hamilton, ON L8L 6E4,13 Westinghouse AVE
Hamilton, ON L8L 6E4,13 Westinghouse AVE
Hamilton, ON L8L 6E4,13 Westinghouse AVE
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PCG Group

PCG Group

KELLER WILLIAMS REFERRED URBAN PIERRE CARAPETIAN GROUP REALTY

+1(647) 588-9590
$ 899,000
Est. payment /mo
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Price Dropped by $50K

13 Westinghouse AVE Hamilton, ON L8L 6E4

9 Beds

6 Baths

UPDATED:

02/23/2025 10:35 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Gibson

MLS Listing ID X11914138

Style 3-Storey

Bedrooms 9

Annual Tax Amount $4,727

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. Appraised for $975,000 in Aug 2024. Financials available upon request.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Rooms

Family Room No

Basement None

Kitchen 6

Interior

Interior Features Other, Separate Heating Controls, Separate Hydro Meter

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double, Available

Pool None

Roof Type Asphalt Rolled

Lot Frontage 25.58

Lot Depth 102.22

Total Parking Spaces 4

Building

Unit Features Park,Public Transit,Hospital

Foundation Other

Listed by Keller Williams Signature Realty, Brokerage

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agent

PCG Group

Broker | License ID: 286400

+1(647) 588-9590

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13 Westinghouse AVE