683 Seventh Avenue S

- $899,900

Macassa, Hamilton, L8V1Z1
MLS ® X13097588

Income-Generating Triplex on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box. (id:38551)

Features

  • Carpet Free

Location

Details

683 Seventh Avenue S, Macassa, , Hamilton

  • Land

    40.1 x 96.2 FT|under 1/2 acre

    40.1 x 96.2 FT
  • Bedrooms

    Above Grade: 3 Below Grade: 3

    6
  • Bathrooms
    3
  • Parking

    Attached Garage, Garage

    3

Rooms

683 Seventh Avenue S, Macassa, , Hamilton

  • Bedroom

    basement

    3.88 m x 3.58 m
  • Bathroom

    basement

    2.54 m x 1.5 m
  • Living Room

    basement

    5.36 m x 4.3 m
  • Kitchen

    basement

    5.36 m x 4.3 m
  • Bedroom

    basement

    5.36 m x 4.3 m
  • Bathroom

    basement

    2.39 m x 1.3 m
  • Laundry Room

    basement

    3.35 m x 2.5 m
  • Kitchen

    basement

    5.2 m x 4.3 m
  • Living Room

    basement

    5.2 m x 4.3 m
  • Bedroom

    basement

    3.88 m x 3.58 m
  • Living Room

    main level

    3.96 m x 5 m
  • Dining Room

    main level

    3.96 m x 2.92 m
  • Kitchen

    main level

    5.33 m x 4 m
  • Primary Bedroom

    main level

    4.19 m x 3.81 m
  • Bedroom

    main level

    4.5 m x 3.28 m
  • Bedroom

    main level

    3.96 m x 2.84 m
  • Bathroom

    main level

    4.5 m x 1.52 m