Homes for sale - 164 WENTWORTH ST S, Hamilton, ON L8N 2Z2

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 889,000

Est. payment | -/mo

5 Beds

3 Baths

Save

$ 889,000

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Stinson

MLS Listing ID X12394367

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,030

Tax Year 2025

Property Sub-Type Triplex

Property Description

PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated. All three units are paying market rents and cover utilities cost(providing a built-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. **Financial info, recent capital upgrades, and other info is available.

Location

Province ON

County Hamilton

Community Stinson

Area Hamilton

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 3

Interior

Interior Features Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 110.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

164 WENTWORTH ST S Hamilton, ON L8N 2Z2