102 Rosslyn Ave N, Hamilton, Ontario

House for Sale in Hamilton

102 Rosslyn Ave N, Hamilton, ON

  • CA$680,000
  • 4 BEDS
  • 3 BATHS
  • CA$680,000

House for Sale in Hamilton

102 Rosslyn Ave N, Hamilton, ON

  • CA$680,000
  • 4 BEDS
  • 3 BATHS
  • CA$680,000

Key Facts

  • MLS® #: X13541340
  • Property ID: SIRC3491555
  • Property Type: Residential, Single Family Detached
  • Living Area¹: 1100-1500 sq.ft.
  • Lot Size¹: 20x100 ft.
  • Bedrooms: 4
  • Bathrooms: 3
  • Parking Spaces: 2
  • Listed By:
  • EXP REALTY

Property Description

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 102 Rosslyn Avenue N, Hamilton is a five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.

Listing Agents

EXP REALTY

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Location

102 Rosslyn Ave N, Hamilton, Ontario, L8L 7P4 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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