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{"Bounds":{"west":-79.906858631782,"east":-79.835346168218,"south":43.249432393011,"north":43.262008806989},"search":{"sortby":"Price (High-Low)","priceRange":{"min":0,"max":0},"searchType":"residential","listingType":["Sale","Rent"]},"_request":"{\"coordinates\":{\"$geoWithin\":{\"$box\":[[-79.906858631782,43.249432393011],[-79.835346168218,43.262008806989]]}},\"searchType\":\"residential\",\"listingType\":{\"$in\":[\"Sale\",\"Rent\"]}}","total":"899"}[{"TypeID":"RESI","searchType":"residential","listingType":"Sale","Status":"New","seoURL":"\/ON\/hamilton\/l8p3a8\/14141238-MLS-40758568-na-14-Forest-Avenue-Street-S","PicturesAmount":9,"BoardID":45,"SystemBoardID":45,"Source":"CA","PID":14141238,"Address":"14 Forest Avenue Street S","City":"Hamilton","Country":"Canada","Province":"Ontario","PostalCode":"L8P3A8","IsAvailable":true,"ListingID":"40758568","Price":4695000,"OriginalPrice":4695000,"PriceDrop":false,"isPowerOfSale":false,"PriceHistory":[{"timestamp":"1754539200","price":4695000,"event":"Listed"}],"isCrea":false,"Agents":[],"Brokers":[],"isDistributed":true,"domainIDs":[],"OwnerIDs":[],"BoardIDs":[45],"isRelatedTo":false,"Latitude":43.25023982,"Longitude":-79.87148353,"coordinates":[-79.87148353,43.25023982],"BoardLatLng":true,"GeoCodeStatus":"cached","LotSquareFootage":15658,"LotSquareFootageOrigin":15658,"MarketingRemarks":"Well-maintained mixed-use property at Forest Avenue & James Street South with 25 total units, including 23 residential apartments and 2 commercial units. 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Two units showcase period details and generous layouts, while the top-floor studio has been fully renovated with contemporary finishes.\r\nAdjacent to the Victorian stands a purpose-built 9-unit apartment building, combining solid construction, bright, spacious suites, and timeless appeal. Many of the residences have been thoughtfully updated, and both buildings have been exceptionally well maintained.\r\nAt the rear, a four-bay cinderblock garage provides additional income flexibility, alongside a 12-car surface parking area accessed via a City laneway.\r\nThe property enjoys a healthy rent roll with rates generally aligned to current market levels, reflecting stable, long-term tenancies and well-managed operations. At the asking price, the asset offers an attractive ~5.84% cap rate, illustrating both strength and sustainability of income.\r\nThe eastern portion of the site adds a compelling development component. 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With 12 on-site parking spaces, strong tenant appeal, and frontage along a major arterial route, the property is primed for consistent cash flow and long-term appreciation. Located at 468-476 Main Street East, the building sits within a high-demand rental pocket just minutes from downtown Hamilton, transit hubs, hospitals, and schools.","PropertyType":"Multiplex","PropertyStyle":"other","listedOn":1758807144,"sortByDateTime":1758807144,"BrokeredBy":["Real Broker Ontario Ltd."],"Details":{"Bathrooms":16,"Bedrooms":16,"Community":"Stinson","CentralAC":false,"ParkingPlaces":12,"BedroomsAboveGround":16,"BedroomsBelowGround":0,"YearBuilt":2025,"Extras":"","HeatingType":"Radiant","HeatingFuel":"Gas","CrossStreet":"Ontario Avenue and Main Street","Exterior":"Brick","Basement":"None, None","FrontingOn":"N","PropertyFeatures":"Other,Hospit","AnnualPropertyTaxes":2968.64,"MLSDistrict":false,"PossessionDate":"Flexible","ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[],"OpenHouse":[],"Keywords":"Strategically positioned in Hamilton's historic Stinson neighbourhood, this 16-unit multi-residential asset offers investors a rare blend of scale, stability, and upside. 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Site Plan Conditionally approved. Zoning is TOC1 Exception 310. Highly visible and trafficked location in close proximity to McMaster innovation Park and University, Hamilton Health Sciences (Children's pediatric hospital), Columbia International College. Close to hwy 403 access, future LRT, Westdale Village and minutes to downtown Hamilton. Close to parks, conservation areas, pubic and private elementary and secondary schools, religious institutions, public transportation, dining, shopping and entertainment areas. Properties include 906 Main St W and 122 Longwood Rd S which are automatically merged and must be purchased and completed simultaneously.","PropertyType":"Mixed Use","PropertyStyle":"other","listedOn":1759204800,"sortByDateTime":1759204800,"BrokeredBy":["Royal LePage State Realty Inc."],"Details":{"Bedrooms":0,"LandSize":"119.51 x 97.34 FT | < 0.5 acres","CentralAC":false,"Water":"Municipal","BedroomsAboveGround":0,"BedroomsBelowGround":0,"YearBuilt":0,"YearBuiltOptional":"","Extras":"","CrossStreet":"Longwood Rd S","AnnualPropertyTaxes":31966.21,"MLSDistrict":false,"PossessionDate":false,"ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[],"OpenHouse":[],"Keywords":"For Developers, Investors , Builders. Site Plan Conditionally approved. Zoning is TOC1 Exception 310. Highly visible and trafficked location in close proximity to McMaster innovation Park and University, Hamilton Health Sciences (Children's pediatric hospital), Columbia International College. Close to hwy 403 access, future LRT, Westdale Village and minutes to downtown Hamilton. Close to parks, conservation areas, pubic and private elementary and secondary schools, religious institutions, public transportation, dining, shopping and entertainment areas. Properties include 906 Main St W and 122 Longwood Rd S which are automatically merged and must be purchased and completed simultaneously. 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This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. 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