For Sale

13 Westinghouse Avenue, Hamilton (Gibson), Ontario L8L6E4

$899,000

13 Westinghouse Avenue, Hamilton (Gibson), Ontario L8L6E4 is For Sale and has a listing price of 899,000. The property is located in the neighbourhood. It's been on the website for 45 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 9
    Bedrooms
  • 6
    Bathrooms
  • 4
    Parking Spaces
  • MLS ID: X11914138
  • Office Name Keller Williams Signature Realty, Brokerage
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. Financials available upon request. (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: X11914138
  • Bathrooms: 6
  • Price: $899,000
  • Transaction Types: For Sale
  • Ref ID: 27780898
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/08/2025 X11914139 $949,900 For Sale - -
01/08/2025 X11914138 $949,900 For Sale - -
11/21/2024 X10440745 $985,000 For Sale - -
11/21/2024 X10440794 $985,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton (Gibson)
  • $727,750 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +15.0%
  • 3 Month Change +9.1%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    87.5%
  • Commercial
    11.88%
  • Condo
    0.63%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Cooling System Wall Unit
  • Total Parking Spaces: 4
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 08/01/2025 00:00:00
  • Zoning R4t
  • Agent Name: JAKE NOVIS
  • Last Updated: 19/02/2025 18:45:48
Open House Dates
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