Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1st—perfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 – $1,890/month [2-bed, 1-bath]; Unit 2 – $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 – $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment – Strong rental history with market rents. Don’t miss out—schedule a viewing today!
For sale
C$725,000
56 Erie Ave, Hamilton, ON L8N 2W6
--beds
0baths
2,500sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$290/sqft
C$-- HOA
What's special
In-suite laundryStreet parking
- 73 days
- on Zillow |
- 15 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 10:10am
Listed by:
Vanessa Pannozzo, Salesperson,
EXP Realty,
Adrian Pannozzo, Salesperson,
EXP Realty
Source: ITSO,MLS®#: 40706001Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Microwave
- Laundry: Coin Operated, Common Area, In-Suite
Features
- None
- Basement: Separate Entrance,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Property
Parking
- Parking features: No Driveway Parking
Features
- Frontage length: 25.00
Lot
- Size: 3,750 Square Feet
- Dimensions: 25 x 150
- Features: City Lot, Highway Access, Hospital, Public Transit
Details
- Parcel number: 171760085
- Zoning: D
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Brick
- Foundation: Concrete Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Smoke Detector
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$290/sqft
- Annual tax amount: C$5,097
- Date on market: 3/15/2025
- Inclusions: Microwave, Smoke Detector, All Appliances all Washers & Dryers
- Exclusions: Tenant Belongings
- Loading