108 Victoria Avenue N,Hamilton, ON L8L 5E5
Hamilton, ON L8L 5E5
Description
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital, public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout
Details
| MLS # | X13473090 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 67 |
| Listing Provided By | RE/MAX REALTY SPECIALISTS INC. | X13473090 495302 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Brick |
| Construction Materials | Brick, Brick Front |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4461.46 |
|---|---|
| Tax Legal Description | PT LTS 134&135, PL223, N/S OF KING ST AS IN VM50034 |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 5E5 |
| Area | Beasley |
| Listing VS Median (in L8L 5E5) | |
Price: $849,000 low | high Med: $0 On site: 67 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 5E5 |
| Area | Beasley |
| Listing VS Median (in L8L 5E5) | |
Price: $849,000 low | high Med: $0 On site: 67 low | high Med: | |
