$749,000
0 bd • 0 ba • 2500 sf • Multifamily
56 Erie Avenue
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$749,000
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56 Erie AvenueHamilton, ON, L8N 2W6

Stinson
  • 0 Bed
  • 0 Bath
  • 2500 Sqft
  • Multifamily

About this home

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!
Listed by: Vanessa Pannozzo, EXP Realty

Home facts and features

Price details
List Price
$749,000
Get Pre-Approved
Gross Taxes for 2025
$5,098
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Multifamily
Lot Size
25 ft x 150 ft (3750 ft²)
Depth
150.0
Frontage
25.0
Style
Heating Type
Forced Air
Features
Coin Operated, Common Area, In-suite, Smoke Detector
Appliances
All Appliances All Washers & Dryers, Microwave
Community
Agent details
Primary Agent
Primary Broker
EXP Realty
Secondary Agent
Secondary Broker
EXP Realty
Listing details
Days on REW
47 Days
MLS® Number
40706001
Source
Information Technology Systems Ontario

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

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Richard Earles

Richard Earles

Dominion Lending Centres National LTD

A devoted father of two and an experienced mortgage professional with a track record spanning over 13 years. Richard excels in guiding individuals through purchasing and refinancing their properties.

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Property Insights

St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Cathedral High School
  • Catholic
  • 9 - 12
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
George L Armstrong Public School
  • Public
  • JK - 8
Queen Victoria Elementary Public School
  • Public
  • JK - 8
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Dr. J. Edgar Davey Elementary Public School
  • Public
  • JK - 8
Adelaide Hoodless Public School
  • Public
  • JK - 8
Bronston Canadian Academy
  • Private
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Vanessa Pannozzo
Cell:
(289) 383-3886
Office:
866-530-7737
Adrian Pannozzo
Phone:
(905) 308-8333
Cell:
(416) 938-2641
Office:
866-530-7737
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