683 Seventh Avenue S Hamilton, Ontario L8V 1Z1
$899,900
Income-Generating Triplex on Hamilton Mountain - Cash Flow from Day One! A rare opportunity to acquire a fully legalized, turn-key triplex in one of Hamilton's most sought-after neighbourhoods. This well-maintained bungalow has been strategically renovated to maximize rental income across three self-contained units, each with its own private bathroom and separate entrance access.The Income Breakdown:Upper Unit (Main Floor): 3 bedrooms + formal dining room, renovated kitchen with quartz countertops and new cabinetry, modern bathroom with quartz counters, pot lights, California shutters, and laminate flooring throughout - commands strong market rent.Lower Unit 1 (Basement): Newly legalized 2-bedroom suite with brand new bathroom and finishes.Lower Unit 2 (Basement): Studio suite with private bathroom.Shared laundry serves basement tenants; basement currently tenanted at $2,400/month (inclusive).With all three units occupied, this property has the potential to significantly offset - or entirely cover - carrying costs, making it an ideal addition to any portfolio.Further de-risking this investment: the 2016 roof, all-new basement flooring and trims, and contemporary finishes throughout mean minimal near-term capital expenditure. Situated across from a park with walkable access to schools, transit, and retail - a profile that attracts quality, long-term tenants.Whether you're expanding a portfolio or entering the market with built-in income, this triplex checks every box. (id:56248)
Property Details
| MLS® Number | X13097588 |
| Property Type | Single Family |
| Community Name | Macassa |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Age | 31 To 50 Years |
| Appliances | Dishwasher, Microwave, Two Stoves, Window Coverings, Refrigerator |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 96 Ft ,2 In |
| Size Frontage | 40 Ft ,1 In |
| Size Irregular | 40.1 X 96.2 Ft |
| Size Total Text | 40.1 X 96.2 Ft|under 1/2 Acre |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.88 m | 3.58 m | 3.88 m x 3.58 m |
| Basement | Bathroom | 2.54 m | 1.5 m | 2.54 m x 1.5 m |
| Basement | Living Room | 5.36 m | 4.3 m | 5.36 m x 4.3 m |
| Basement | Kitchen | 5.36 m | 4.3 m | 5.36 m x 4.3 m |
| Basement | Bedroom | 5.36 m | 4.3 m | 5.36 m x 4.3 m |
| Basement | Bathroom | 2.39 m | 1.3 m | 2.39 m x 1.3 m |
| Basement | Laundry Room | 3.35 m | 2.5 m | 3.35 m x 2.5 m |
| Basement | Kitchen | 5.2 m | 4.3 m | 5.2 m x 4.3 m |
| Basement | Living Room | 5.2 m | 4.3 m | 5.2 m x 4.3 m |
| Basement | Bedroom | 3.88 m | 3.58 m | 3.88 m x 3.58 m |
| Main Level | Living Room | 3.96 m | 5 m | 3.96 m x 5 m |
| Main Level | Dining Room | 3.96 m | 2.92 m | 3.96 m x 2.92 m |
| Main Level | Kitchen | 5.33 m | 4 m | 5.33 m x 4 m |
| Main Level | Primary Bedroom | 4.19 m | 3.81 m | 4.19 m x 3.81 m |
| Main Level | Bedroom | 4.5 m | 3.28 m | 4.5 m x 3.28 m |
| Main Level | Bedroom | 3.96 m | 2.84 m | 3.96 m x 2.84 m |
| Main Level | Bathroom | 4.5 m | 1.52 m | 4.5 m x 1.52 m |
https://www.realtor.ca/real-estate/29717453/683-seventh-avenue-s-hamilton-macassa-macassa
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May 27 2026 10:47:27
Toronto Regional Real Estate Board
RE/MAX Real Estate Centre Inc.