NewFor sale 50$899,900
5 Maplewood Avenue
Blakeley, Hamilton, Ontario L8M1W3
For sale· Added
About this home
An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%.
Location
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Property details
Listing
- MLS® number
- X13614392
- Added
- Jul 28, 2026 ()
- Updated
- Jul 28, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Storeys
- 2.5
Inside
- Bedrooms
- 3+1
- Bathrooms
- 4
- Heating
- Radiant heat, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes (2)
- Features
- Carpet Free, In-Law Suite
Building
- Basement
- Apartment in basement, Separate entrance
- Exterior
- Brick
- Foundation
- Block
- Parking
- No Garage · 3 spaces
- Amenities
- Fireplace(s)
Land
- Lot size
- 34.5 x 90 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- Sherman ave/Main St. E
- Directions
- Main st to Sherman ave.
Running costs
- Annual property tax
- $4,500
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