253 Mohawk Road E
Hamilton (Hill Park), ON L9A 2H5
- 6+3Bedrooms
- 6Bathrooms
- 6Parking
- 2500–3000Sq Ft
- $6,500Tax
- 50×135 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 253 Mohawk Road E, Hamilton, Hill Park
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About 253 Mohawk Road E, Hamilton, Hill Park
Summarized Description
- Located in a high-demand area for investors.
- Annual rental income exceeds $113,000.
- Solid brick construction ensures durability.
- Competitive capitalization rate of 6%.
- Spacious living areas with durable finishes.
- New roof shingles and security system updates.
- Immediate cash flow from current rentals.
- Access to amenities, shopping, and dining.
Located in one of the most sought-after neighbourhoods, this well-maintained Fourplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $113,000, this property boasts a strong return on investment and competitive capitalization Rate of 6%. The solid brick building features two 1-bedroom apartments, three 2-bedroom apartments, and one 3-bedroom apartment-each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don't miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,500
- Land Transfer Tax Fee
- $23,475
Rental Items
- Rental Equipment
- Boiler
- Under Contract
- Other
- Basement Type
- Apartment, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Public Transit, School Bus Route
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Brick, Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 135.00 ft
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6 + 3
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 4-piece, Second
- 4-piece, Main
- 4-piece, Basement
- Municipality
- Hamilton
- Neighbourhood
- Hill Park
- Main cross streets
- UPPER WELLINGTON
- Directions
- UPPER WELLINGTON
- MLS® number
- X12700592
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-09
- Listed on
- 2026-01-15
- Days on market
- 84 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + hst
- Seller
- Listed by
- RE/MAX ESCARPMENT LEADEX REALTY
Home Market Value
Current home valuation for 253 Mohawk Road E, Hamilton, Hill Park, Hamilton, ON. Listed for $1,350,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 253 Mohawk Road E, Hamilton, Hill Park
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $850,000 over $500K
$110,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $49,572 | $37,665 | $32,130 | $0 |
=Total mortgage | $1,288,872 | $1,252,665 | $1,179,630 | $1,080,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,293monthly | $6,116monthly | $5,760monthly | $5,273monthly |
Land Transfer Tax
$23,475
$23,475
Around this home
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