174 Rosslyn Avenue, Hamilton

Price: $488,800

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: X12979038

Perfect for investors or buyers seeking a property with built-in income, this solid brick two-storey duplex offers an exceptional opportunity in one of Hamilton's most walkable and vibrant neighbourhoods, just steps from Ottawa Street North. This well-maintained property features two spacious self-contained units, each offering approximately 800 square feet of comfortable living space. Both units include 2 bedrooms, 1 bathroom, a bright living room, updated kitchens and bathrooms, private balconies, separate hydro meters, and convenient in-suite laundry. The thoughtful layout and separate services make this an appealing option for both investors and owner-occupiers alike. The property also offers parking for 2-3 vehicles, a full basement with ample storage space, and additional flexibility for future improvements or added utility. Both tenants are currently month-to-month, providing versatility for a new owner while still benefiting from immediate rental income. Located in the heart of the desirable Ottawa Street neighbourhood, you are just steps to local cafés, restaurants, boutiques, parks, schools, transit, and all of the amenities this thriving community has to offer. With strong rental appeal, a functional layout, and an unbeatable location, this is a fantastic opportunity to add to your portfolio or invest in a property with long-term potential.

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$488,800 - 174 Rosslyn Avenue, Hamilton

Multi-Family for Sale in Hamilton

69 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
X12979038
Property Type
Multi-Family
Status
active
Days on Site
69
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

Perfect for investors or buyers seeking a property with built-in income, this solid brick two-storey duplex offers an exceptional opportunity in one of Hamilton's most walkable and vibrant neighbourhoods, just steps from Ottawa Street North. This well-maintained property features two spacious self-contained units, each offering approximately 800 square feet of comfortable living space. Both units include 2 bedrooms, 1 bathroom, a bright living room, updated kitchens and bathrooms, private balconies, separate hydro meters, and convenient in-suite laundry. The thoughtful layout and separate services make this an appealing option for both investors and owner-occupiers alike. The property also offers parking for 2-3 vehicles, a full basement with ample storage space, and additional flexibility for future improvements or added utility. Both tenants are currently month-to-month, providing versatility for a new owner while still benefiting from immediate rental income. Located in the heart of the desirable Ottawa Street neighbourhood, you are just steps to local cafés, restaurants, boutiques, parks, schools, transit, and all of the amenities this thriving community has to offer. With strong rental appeal, a functional layout, and an unbeatable location, this is a fantastic opportunity to add to your portfolio or invest in a property with long-term potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,507.80/mo

Includes CMHC insurance ($13,638)

$
$
5%10%50%

5-yr fixed avg.

Principal: $439,920Interest: $298,782
Mortgage Amount$453,558
Total Interest$298,782
Est. Property Tax$346/mo
Total Cost$752,339

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

174 Rosslyn Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$2,752

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $326/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 69 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    174 Rosslyn Avenue, Hamilton | $488,800 | Battaglia Team