224 Rosslyn Avenue N,Hamilton, ON L8L 7P7
Hamilton, ON L8L 7P7
Description
Fully Tenanted Investment Opportunity in Crown Point, Hamilton. Rare opportunity to acquire a renovated five-plex that consists of a semi-detached three-bedroom home, two 2 bedroom and two one bedroom units. Property is in one of Hamilton's most sought-after neighbourhoods. With over $150,000 in updates completed in 2025, this property offers turnkey stability, immediate income, and meaningful upside potential. The property consists of two attached buildings. The primary four-unit building features two fully renovated main-floor suites with modern kitchens, stainless steel appliances, updated bathrooms, and new flooring. All five units are currently tenanted, providing reliable cash flow from day one. A fully renovated two-storey, three-bedroom semi-detached home adds premium rental appeal. Located just two blocks from vibrant Ottawa Street, tenants enjoy easy access to shops, restaurants, Centre Mall, and Gage Park, with convenient connectivity to the Red Hill Valley Parkway and QEW. An ideal opportunity for investors seeking a strong income property in a high-demand rental area with additional upside.
Details
| MLS # | X12864292 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 183 |
| Listing Provided By | ROYAL LEPAGE TERREQUITY REALTY | X12864292 045710 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.13 |
| Property View | City, Downtown, Garden, Skyline |
Interior
| Interior Features | Carpet Free |
|---|---|
| Lease To Own Equipment | Water Heater |
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Unknown |
| View | City, Downtown, Garden, Skyline |
| Construction Materials | Aluminum Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4072 |
|---|---|
| Tax Assessed Value | 272000 |
| Tax Legal Description | PT LTS 225 & 226, PL 378 , PART 1, 2 & 3 , 62R2965 , T/W VM232308 ; HAMILTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 7P7 |
| Area | Crown Point |
| Listing VS Median (in L8L 7P7) | |
Price: $879,000 low | high Med: $0 On site: 183 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 7P7 |
| Area | Crown Point |
| Listing VS Median (in L8L 7P7) | |
Price: $879,000 low | high Med: $0 On site: 183 low | high Med: | |
