125 SANFORD AVENUE NORTH

Hamilton (Gibson), , L8L5Z4, Canada

$759,900

Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome.

EXTRAS: Washer, Refrigerator, Water meter, Stove, Range, Dryer, Microwave, Alarm System, Water Heater - Tankless, Water Heater

Last updated on : Friday 14th of November 2025 12:45:35 PM

ADDRESS

Street : 125 SANFORD AVENUE NORTH

City : Hamilton (Gibson)

Country : Canada

Postal Code : L8L5Z4

Open in Google Map

PROPERTY SUMMARY

Property ID : X12517690

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 7

Bathrooms : 3

Parking : 4

Parking Type: No Garage

Similar Properties

Multi-family

64 GARTHDALE COURT

Toronto (Bathurst Manor), Ontario, M3H5P9

$1,299,000

Beds: 7Baths: 5

property Type: Triplex

type: Sale

SHIRLEY PRINTZ
3 days ago

DETAILS

Multi-family

100 WESTWOOD ROAD

Kitchener, Ontario, N2M2K6

$999,900

Beds: 7Baths: 2

property Type: Duplex

type: Sale

Arch Sharma
4 days ago

DETAILS

Multi-family

302 CENTRAL AVENUE

London East (East F), Ontario, N6B2C8

$999,888

Beds: 7Baths: 6

property Type: Other

type: Sale

BART STORONIANSKI
1 month ago

DETAILS

Multi-family

145 SHERIDAN STREET

Brantford, Ontario, N3S4P5

$695,000

Beds: 7

property Type: Triplex

type: Sale

DAN OPENSHAW
1 month ago

DETAILS

Multi-family

948 LAKE DRIVE EAST EAST

Georgina (Sutton & Jackson's Point), Ontario, L0E1L0

$975,000

Beds: 7Baths: 4

property Type: Fourplex

type: Sale

MICHAEL VOLPE
1 week ago

DETAILS

Inquire about this property