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For saleMLS® X13518762

4 Rosemont Avenue, Hamilton, ON L8L 6M4

Stipley · L8L 6M4

$599,900

$400 / sq ft

4 months on market

Bedrooms
6
Bathrooms
3
Interior
1,500 sf
Parking
1
Lot
45.08 × 22.29 ft

What's special

  • 1 parking space
  • Central air

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About this property

4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
6
Bathrooms
3
Interior size
1,500 sq ft
Lot size
45.08 × 22.29 ft
Possession
Immediate

Interior

Basement
Development Potential
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
South

Exterior & services

Construction
Stucco (Plaster)
Parking spaces
1
Sewer
Sewer

Costs

List price
$599,900
Property taxes
$2,400 / year (2025)
Price per sq ft
$400

Listing

MLS® number
X13518762
Status
For sale
Listed
July 3, 2026
Days on market
125
Last updated
July 14, 2026
Listing brokerage
EXP REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 18% of comparable multiplex listings in Hamilton are asking less.

$544KMedian $799K$1.66M
This home
$400 / sq ft
Comparable median
$400 / sq ft

Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.8% · minimum $34,990
$34,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,123.48
Property tax (est.)
$200.00
Estimated monthly
$3,323

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,473
Total due on closing
$8,473

An estimate on the asking price of $599,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of EXP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$599,900

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