5 Maplewood Avenue

Blakeley, Hamilton · MLS® X13614392

443

House · Multi-family · 89 days on market

listed by RICHARD CHHABRA, REAL ESTATE ADVISORS INC.

realtor's description

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%.

property details

type: House, Multi-family
bedrooms: 4
bathrooms: 4
parking: 3
property tax: $4,500 / yr
days on market: 89
MLS®: X13614392

features

Carpet Free
In-Law Suite

monthly cost

$4,296/mo

Mortgage $3,921 · Tax $375

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,921/ monthly

loan $719,920

25-year amortization

down payment20% · $179,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $456,313
cash to close: $179,980; down payment; transfer tax and fees not included
total paid: $1,176,233

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.