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108 VICTORIA AVENUE N, Hamilton (Beasley) — listed at $849,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital, public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.22 x 3.33 meters |
| Living room | Third level | 4.83 x 3.48 meters |
| Kitchen | Main level | 5.11 x 3.63 meters |
| Kitchen | Third level | 3.45 x 2.92 meters |
| Bedroom | Main level | 5.31 x 3.33 meters |
| Bedroom 2 | Main level | 4.55 x 2.62 meters |
| Bedroom 3 | Main level | 3.33 x 2.95 meters |
| Kitchen | Second level | 3.33 x 2 meters |
| Living room | Second level | 4.32 x 3 meters |
| Bedroom | Second level | 2.41 x 2.72 meters |
| Bedroom 2 | Second level | 3.61 x 3.02 meters |
| Bedroom | Third level | 3.61 x 3.02 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,461.46, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 9 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Hamilton (Beasley) before counting on it.
What's the parking situation?+
This property includes 3 spaces — No Garage.
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