Hamilton L8L 5C1 Ontario
MLS: X12513574
Added 3 hours ago | For Sale
Listed by: ROYAL LEPAGE SIGNATURE REALTY
Turnkey Legal Triplex in Hamilton! Welcome to 49 West North Ave, a fully renovated and income-generating legal triplex offering a strong 6.4% cap rate and rare 3-car parking. This solid property features three self-contained 1-bedroom units, each with separate hydro meters and in-suite laundry. Completely updated in 2017, including new windows, doors, roof, wiring, hydro panels, LED lighting, and appliances-plus upgraded drainage, interlocking, and parking. A new boiler (2024) and hot water tank (2017) add long-term peace of mind. Set on a large lot with future development potential, this property offers flexibility: live in one unit and rent the others, or lease all three for solid cash flow. The main floor unit will be vacant-ideal for owner-occupiers or investors alike. A rare opportunity to own a fully modernized triplex in a growing, central Hamilton location close to transit, downtown, and amenities.