Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA.
Under contract
C$1,550,000
156 Freelton Rd #154, Hamilton, ON L8B 0Z5
13beds
10baths
6,316sqft
Multi-6-9 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$245/sqft
C$-- HOA
What's special
Municipal park
- 22 days
- on Zillow |
- 22 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 07:11am
Listed by:
Drew Woolcott, Broker,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40748020Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Refrigerator, Stove
- Laundry: Coin Operated, Shared
Features
- Separate Hydro Meters
- Basement: Separate Entrance,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,316
- Total interior livable area: 6,316 sqft
- Finished area above ground: 6,316
Property
Parking
- Total spaces: 9
- Parking features: Attached Garage, Exclusive, Outside/Surface/Open
- Attached garage spaces: 1
- Uncovered spaces: 8
Features
- Frontage type: East
- Frontage length: 66.00
Lot
- Size: 0.38 Acres
- Dimensions: 66 x 252
- Features: Near Golf Course, Highway Access, Park, Place of Worship, Playground Nearby, Quiet Area, School Bus Route, Schools
Details
- Parcel number: 175320059
- Zoning: S2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-6-9 Unit, Multi Family
Materials
- Block, Vinyl Siding
- Foundation: Block, Poured Concrete
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Municipal
Community & HOA
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$245/sqft
- Annual tax amount: C$5,087
- Date on market: 7/4/2025
- Inclusions: None, 8x Fridge, 8x Stove, Washer, Dryer
- Loading