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For sale
  • C$4,000,000

    295 Melvin Ave, Hamilton, ON L8H 2K6

    25beds
    20baths
    17,150sqft
    Apartment, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$233/sqft
    C$-- HOA

    What's special

    THIS 20 UNIT MULTIPLEX APARTMENT BUILDING PRESENTS A PRIME INVESTMENT OPPORTUNITY, FEATURING 15 ONE-BEDROOM UNITS AND 5, TWO-BEDROOM UNITS. EACH TENANT PAYS THEIR OWN HYDRO, ADDING TO THE INVESTMENT APPEAL. THE BUILDING IS EQUIPPED WITH THERMAL WINDOWS AND IS CONVENIENTLY LOCATED WITHIN WALKING DISTANCE OF SCHOOLS, SHOPPING CENTERS, AND RESTAURANTS, CATERING TO ALL YOUR TENANTS' NEEDS. SITUATED IN A PRIME LOCATION, THIS THREE-STOREY WALK-UP OFFERS SUBSTANTIAL UPSIDE POTENTIAL WITH 12 VACANT UNITS READY FOR RENOVATION. THIS SOLID INVESTMENT PROPERTY ALLOWS FOR REPOSITIONING TO ACHIEVE MARKET RENTS. DON'T MISS OUT ON THIS RARE CHANCE TO MAXIMIZE CASH FLOW AND EQUITY GROWTH!
    90 days
    on Zillow
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    32
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    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2025 at 02:32pm

    Listed by:

    Adam A. Ezak, Salesperson,

    Homelife Professionals Realty Inc.

    Source: ITSO,MLS®#: 40723183Originating MLS®#: REALTORS® Association of Hamilton-Burlington
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 20
    Heating
    • Radiant
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Stove
    • Laundry: Coin Operated, Shared
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 17,150
    • Total interior livable area: 17,150 sqft
    • Finished area above ground: 17,150

    Property

    Parking
    • Total spaces: 12
    • Parking features: Outside/Surface/Open
    • Uncovered spaces: 12
    Features
    • Frontage type: North
    • Frontage length: 70.00
    Lot
    • Size: 0.39 Acres
    • Dimensions: 70 x 245
    • Features: City Lot, Place of Worship, Public Transit, Schools, Shopping Nearby
    Details
    • Parcel number: 172880037
    • Zoning: E
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment, Multi Family
    Materials
    • Brick
    • Foundation: Block, Concrete Block
    • Roof: Flat
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Location
    • Region: Hamilton

    Financial & listing details

    • Price per square foot: C$233/sqft
    • Annual tax amount: C$39,037
    • Date on market: 5/1/2025
    • Inclusions: Other, 20 Fridges, 20 Stoves, 2 Washers, 2 Dryers.
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