$875K · 5 bed Fourplex · Landsdale, Hamilton

Loading neighbourhood intel…

About this home

Prime Hamilton Centre Freehold Investment - Opportunity is knocking with this fantastic 4-unit freehold investment property in the heart of Hamilton Centre on West Avenue! Fully renovated with modern finishes, this turn-key property features three occupied units with AAA tenants and one vacant unit, perfect for owner-occupancy or an additional rental opportunity. Property Highlights: Shared laundry in the basement with potential to finish the basement for additional income (2-br unit has its own…

Property details

MLS#

X12379415

Status

Buy Now

Property class

Residential Freehold

Beds

Baths

4 full, 0 half

Rooms

Kitchens

Size

2000-2500Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

Full, Unfinished

Style

2 1/2 Storey

Type

Fourplex

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 3 pc · Main; 4 pc · Second; 4 pc · Third
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Stone

Garage: None
Garage spaces: 0
Parking: 6 total
Lot: 25 × 123
Heating: Radiant
Heating fuel: Gas
Cooling: Window Unit(s)
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Stucco (Plaster)
Fronting on: West
Cross street: cannon
Stories: —
Utilities: —
Laundry: —
Interior: Water Heater, Separate Hydro Meter
Parking features: Private Double

Rooms

Level	Room	Dimensions
Basement	Utility Room	—
Basement	Laundry	—
Main	Kitchen	3.2m × 3.25m
Main	Living Room	3.66m × 4.42m
Main	Bedroom	3.25m × 3.81m
Main	Family Room	3.05m × 3.81m
Second	Living Room	3.81m × 5.94m
Second	Bedroom	2.69m × 3.86m
Second	Bedroom	2.74m × 4.37m
Second	Kitchen	2.67m × 3.86m
Third	Bedroom	4.04m × 2.01m
Third	Kitchen	1.42m × 2.44m
Main	Bathroom	—
Main	Bathroom	—
Second	Bathroom	—
Third	Bathroom	—

Price movement & seller pressure

↓ $25KPrice reduction

MLS shows the seller reduced the asking price by $24,900 (from $899,900 to $875,000).

Motivated SellerWhy this label

304 days on market — Listing has been active for 304 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $875,000✓ $4,827 tax✓ Gas✓ 2000-2500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,586/mo

incl. closing costs (yr 1)

Annual total

$79,036

year 1

Mortgage only

$3,319/mo

principal + interest

Beyond mortgage

$1,644/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$175,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$402/mo

Utilities

Hydro / electricity$158/mo

≈ $0.07/ft² × ~2,250 ft² · ON avg ~$158/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,750/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$13,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $39,834/yr

Property taxes24% $18,802/yr

Utilities6% $4,950/yr

Insurance & security2% $1,600/yr

Maintenance11% $8,750/yr

Closing costs6% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$39,834	$3,319/mo
Government & taxes
Property tax	$4,827	$402/mo
Land transfer tax(closing)	$13,975	$1,165/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,890	$158/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,750	$729/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$79,036	$6,586/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

181 West Avenue

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Request a Showing

Request a Showing

Annual costs