$1,049,000
74 Locke Street N, Hamilton, ON L8R 3A5
Strathcona
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
Strathcona · L8R 2Z7
$929,000
$619 / sq ft1 months on market
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity!
12 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 2.97 × 4.29 m9.7 × 14.1 ft | — |
| Family Room | Main | 4.01 × 4.42 m13.2 × 14.5 ft | — |
| Primary Bedroom | Main | 4.29 × 2.87 m14.1 × 9.4 ft | — |
| Bedroom 2 | Main | 3.66 × 4.50 m12.0 × 14.8 ft | — |
| Bathroom | Main | 1.88 × 2.97 m6.2 × 9.7 ft | 3 Pc Bath |
| Kitchen | Second | 3.02 × 2.51 m9.9 × 8.2 ft | — |
| Bedroom 3 | Second | 4.98 × 3.35 m16.3 × 11.0 ft | — |
| Bathroom | Second | 3.02 × 1.70 m9.9 × 5.6 ft | 4 Pc Bath |
| Kitchen | Basement | 2.69 × 4.85 m8.8 × 15.9 ft | — |
| Bedroom 4 | Basement | 2.67 × 4.50 m8.8 × 14.8 ft | — |
| Bedroom 5 | Basement | 2.24 × 5.97 m7.3 × 19.6 ft | — |
| Bathroom | Basement | 1.50 × 3.53 m4.9 × 11.6 ft | 4 Pc Bath |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 71% of comparable multiplex listings in Hamilton are asking less.
Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $929,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. 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.
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$1,049,000
Strathcona
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.