115 Spadina Avenue
Hamilton (Stipley), ON L8M 2X4
- 4Bedrooms
- 3Bathrooms
- 2Parking
- 2000–2500Sq Ft
- $5,511Tax
- 29×87 ftLot Size
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About 115 Spadina Avenue, Hamilton, Stipley
Summarized Description
- Investment opportunity in downtown Hamilton.
- Fully renovated legal triplex with long-term tenants.
- Turnkey property with great rental rates.
- Each unit separately metered for easy management.
- Close to schools, transit, and vibrant shopping.
- On-site laundry facilities enhance cash flow.
- Access to backyard and balcony in units.
- Ideal for investors in a growing rental market.
Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,511
- Land Transfer Tax Fee
- $9,275
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Unfinished, Full
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Rec./Commun.Centre, Place Of Worship, Park, Public Transit, Library, School
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 28.92 ft
- Lot Depth
- 87.25 ft
- Lot Size
- 28.90 x 87.25 Feet
- Lot Size Code
- 28.90 x 87.25 Feet
Inclusions
- Inclusions
- All Existing ELFs, Window Coverings, Appliances In The 3 Kitchens (Fridge & Stove)
Exclusions
- Exclusions
- All Tenant's Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Baseboard
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Living Room4.44 x 3.10Main level
- Kitchen2.31 x 3.10Main level
- Bedroom3.33 x 4.04Main level
- Kitchen3.33 x 4.80Second level
- Bedroom4.14 x 2.18Second level
- Bedroom3.61 x 4.24Second level
- Kitchen3.28 x 3.48Third level
- Bedroom2.13 x 1.19Third level
Washrooms
- 4-piece, Main
- 4-piece, Second
- 4-piece, Third
- Area
- Hamilton
- Municipality
- Hamilton
- Neighbourhood
- Stipley
- Main cross streets
- Main St. E & Spadina Ave.
- Zoning
- C
- Directions
- Main St. E & Spadina Ave.
- MLS® number
- X12975786
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-08
- Listed on
- 2026-04-09
- Days on market
- 29 days
- Possession type
- Flexible
- Co-op commission
- 2% + Hst
- Seller
- Listed by
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Home Market Value
Current home valuation for 115 Spadina Avenue, Hamilton, Stipley, Hamilton, ON. Listed for $639,999
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 115 Spadina Avenue, Hamilton, Stipley
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $139,999 over $500K
$39,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,038 | $17,856 | $15,232 | $0 |
=Total mortgage | $624,997 | $593,855 | $559,231 | $511,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,052monthly | $2,899monthly | $2,730monthly | $2,500monthly |
Land Transfer Tax
$9,275
$9,275
Around this home
No schools found nearby
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