Hamilton, ON L8N2W6 56 Erie Avenue

$749,000

32 more

Presented By: EXP Realty

MLS# 40706001
03/15/2025

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SQFT • 2,500

Home Details

Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1st—perfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 – $1,890/month [2-bed, 1-bath]; Unit 2 – $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 – $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment – Strong rental history with market rents. Don’t miss out—schedule a viewing today!

Presented By: EXP Realty

Interior Features for 56 Erie Avenue

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

Above Grade Finished Area2500

Above Grade Finished Area Unit TypeSquare Feet

Air Conditioning Y/NNo

BasementSeparate Entrance, Full, Finished

Below Grade Finished Area Unit TypeSquare Feet

Fireplace Y/NNo

Heating Y/NYes

Interior AmenitiesNone

Laundry FeaturesCoin Operated, Common Area, In-Suite

Total Stories3

General for 56 Erie Avenue

Additional Parcels Y/NNo

AppliancesMicrowave

Attached Garage No

Building Area UnitsSquare Feet

Carport Y/NNo

CityHamilton

Construction MaterialsBrick

CoolingNone

CountyHamilton

DirectionsMain Street E & Erie Avenue

Electric On Property Y/NNo

ExclusionsTenant Belongings

Garage Y/NNo

HeatingForced Air

Land Lease Y/NNo

Lease Renewal Y/NNo

MLS Area14 - Hamilton Centre

MLS Area Minor143 - Stinson

ModificationTimestamp2025-04-24T13:28:51.240Z

New ConstructionNo

Number Of Units Total0

Open Parking Spaces0

Property Condition51-99 Years

Property SubtypeMulti-3 Unit

Property TypeResidential Income

RoofAsphalt Shing

Security FeaturesSmoke Detector

Senior Community Y/NNo

SewerSewer (Municipal)

Standard StatusActive

StatusActive

Tax Annual Amount5097.59

Waterfront Y/NNo

ZoningD

Exterior for 56 Erie Avenue

Building Area Total2500

Crops Included Y/NNo

Foundation DetailsConcrete Block

Frontage Length25.00

Horse Y/NNo

InclusionsMicrowave, Smoke Detector, All Appliances all Washers & Dryers

Lot Dimensions150 x 25

Lot FeaturesCity Lot, Highway Access, Hospital, Public Transit

Number of Buildings0

Open Parking Y/NNo

SpaNo

Total Parking0

Water SourceMunicipal

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.

Price $749,000

MLS#40706001

List Date 03/15/2025

Property Type Income

Phone 289.816.2923

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