1 Madison Avenue Hamilton, Ontario L8L 5Y2
$699,900
Exceptional turnkey investment opportunity in the heart of Hamilton! This legal duplex features four self-contained units, each occupying its own level for maximum privacy and easy management. The property includes two 1-bedroom units, one 2-bedroom unit, and a bachelor suite in the lower level. Fully renovated throughout with modern kitchens, updated bathrooms, flooring, and finishes, offering strong tenant appeal and minimal maintenance for years to come. Solid brick exterior, separately metered hydro, and upgraded systems add lasting value and efficiency. Centrally located just minutes from Hamilton’s downtown core and the future LRT line, ensuring steady rental demand and long-term appreciation. Ideal for investors seeking a clean, income-generating asset in a rapidly developing area. A true set-and-forget property in one of Hamilton’s fastest-growing corridors (id:56248)
Property Details
| MLS® Number | 40778995 |
| Property Type | Multi-family |
| Neigbourhood | Gibson |
| Amenities Near By | Place Of Worship, Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 1 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1905 |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,539 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 32 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | L-mr-2 |
https://www.realtor.ca/real-estate/28990112/1-madison-avenue-hamilton
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October 16 2025 02:52:02
REALTORS® Association of Hamilton-Burlington
Exp Realty