13 Westinghouse Ave

Hamilton | Gibson | L8L 6E4
  • 9
  • 6
  • 0

$875,000

Est. Mtg $2,966 /mo
  • Days on market

    34

  • Status

    Sc

Listing Broker Keller Williams Signature Realty, Brokerage
Since listed: 0 views

Home details

MLS #:

X11997323

Property type:
Multiplex
Style:
3-Storey
Taxes:
$4,727
Possession:
Flexible
Lot Front:
25.58   Feet
Lot Depth:
102.22   Feet
Basement:
None |
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


13 Westinghouse Ave, , Hamilton, Ontario is a Multiplex property in Hamilton and in the Gibson community in the L8L 6E4 postal code


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 $975k in Aug 2024. Financials available upon request..

Extras

.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2024-11 2025-01 $985,000 $985,000 Ter X10440794
2025-01 2025-03 $949,900 $879,000 Ter X11914138
2025-03 2025-03 $875,000 $875,000 Sc X11997323
2023-06 $524,900 $524,900 X3430329

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM
2021-10 241 Gibson Ave, $1,200,000 $1,200,000 15

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 13 Westinghouse Ave

Based on available 3rd party data

$3495

Approximate costs per month

Mortgage
$2966 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$393 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Park
  • Public Transit
Listing Broker Keller Williams Signature Realty, Brokerage
Data Source: TRREB

Payment calculator

$3360 monthly. In association with: TD Bank
%
  • Principal and Interest
    2966 /mo
  • Property Taxes
    $393 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

Similar properties you may like