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!
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
- 90 days
- on Zillow |
- 32 |
- 1 |
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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