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Hamza Nouman, REALTOR®
54 Frederick Avenue — property photo
1 / 39 — Click to enlarge
6.6

54 Frederick Avenue, Hamilton

Hamilton

$854,999

Triplex6 bed / 3 bath3 DOM~2,250 sqft
New Listing

Cash flow, cap rate & mortgage breakdown

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Listed by EXP REALTY

Investment Analysis

Key Facts

Type

Triplex

Bedrooms

6

Bathrooms

3

Days on Market

3

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

None Detected

Rent Estimate

Unit 1 (2 bed)$2,000/mo
Unit 2 (2 bed)$2,000/mo
Unit 3 (2 bed)$2,000/mo
Total Est. Rent (3 units)$6,000/mo

Estimated per-unit rents for triplex based on GTA rental market data

Remarks

Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.

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