$599,900
4 Rosemont Avenue, Hamilton, ON L8L 6M4
Stipley · Hamilton · L8L 6M4
Listing brokerage: EXP REALTY
- Beds
- 6
- Baths
- 3
- Sq ft
- 1500–2000
- Parking
- 1
Monthly costs
Property taxes
$200/mo
$2,400 a year (2025)
The home
- Lot size
- 45.1 × 22.3 ft
- Style
- 2-Storey
- Basement
- Development Potential
- Parking
- 1 spot
- Faces
- South
- Heating · cooling
- Forced Air, Central Air
- Possession
- Immediate
About this home
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.
All details20 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 8
- Den / family room
- Yes
- Size
- 1500-2000 sq ft
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 0
Exterior & Lot
- Exterior
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Not Applicable
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- In Addition To
Listing
- MLS® number
- X13518762
- Type
- Triplex
- Transaction
- For Sale
- Neighbourhood
- Stipley
- Cross streets
- Barton St E and Sherman Ave N
Rooms · 3Washroom ×3
3 × 3-piece washroom
History
Past listings and sales for this home and building.
Location
4 Rosemont Avenue, Hamilton, ON L8L 6M4 · Near Barton St E and Sherman Ave N
Monthly cost
Estimated monthly cost
$2,856/mo
- Mortgage
- $2,656
- Property tax
- $200
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
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$599,900
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