Address
54 Frederick Avenue, Hamilton, ON
Price
$ 799,900
Property Attributes
  • ID#X13614794
  • TypeMulti-Family
  • Listing Status Price Change
  • CityHamilton
  • AreaCrown Point
  • NeighbourhoodCrown Point
  • Postal CodeL8H 4K4
  • Style2-Storey
  • Taxes$ 3830
  • Price$ 799,900
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2000-2500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* Cap rate of 4.99% when fully rented. 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.

Price History
7/29/2026 Listed $854,999
8/20/2026 7$799,900

General Features

Sewer Sewer
Cooling None
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Stucco (Plaster)
Heater Type Radiant
Property Subtype Triplex
Tax Year 2026
Lot Depth 70.14
PropertyFeatures Public Transit,Place Of Worship,School
County Hamilton
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N No
Status Price Change
City Hamilton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 3830.79
Standard Status Active
Occupancy Type Partial
Tax Assessed Value 246000
Legal Description PT LT 1,BLK M,PL 395,PT LT 2,BLK M,PL 395,AS IN VM116145,T/W VM116145 ; HAMILTON

Interior Features

Interior Amenities Carpet Free,Water Heater
Basement Unfinished
Heat Source Other
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 6
Elevator? No
Total Baths 3
Bedrooms 5+1
Living Area Range 2000-2500

Exterior Features

Parking Features Street Only
Total Parking 0.0
Garage Type None
Foundation Details Other
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L8H 4K4

Price
AVG $530K
$800K
Taxes
AVG $3,830
$3,830
Visits
AVG 15
24
Data Provided by Inside Real Estate®