78 STINSON Street
Hamilton, Ontario
6 bed • 4 bath • Multi-family
CALLING ALL INVESTORS! Great opportunity for this recently renovated REVENUE GENERATING fully LEGAL TRIPLEX. Plus AMAZING UPSIDE POTENTIAL with possibility for a 4th unit with separate entrance in basement. Zoning allows for 4 units, boosting future income (potential 7% cap rate) and property value. This HIGH WALK SCORE location in PRIME RENTAL NEIGHBOURHOOD attracts A+ TENANTS with a short walk to transit, hospitals, shopping and all amenities. Just 5 blocks from the future Hamilton LRT line. RECENT (2020) UPGRADES include a new roof, new plumbing, new electrical, new insulation, and new fire escape to 2nd and 3rd floor units. 1st floor unit features QUARTZ COUNTERTOPS in kitchen and bath, large primary bedroom with huge walk-in closet/den. Sliding patio door to PRIVATE FULLY FENCED BACK YARD with deck. Bright and cheerful 2nd floor unit has HARDWOOD FLOORS and QUARTZ COUNTERTOPS. Both units feature private ensuite laundry. The 3rd FLOOR LOFT has one bedroom, a three-piece bath, and PRIVATE BALCONY. Whether you're looking to expand your portfolio, need multi-generational living or want to owner-occupy, this property checks all the boxes! Now is the time to acquire THIS QUALITY ASSET that will only increase in value over time. BUY, HOLD, & GROW!
Price History
Schools
Secondary
- Cathedral High School0.4 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School0.8 km
Public · Hamilton-Wentworth DSB · 65 students
- St. Charles Catholic Adult Secondary School1.7 km
Catholic · Hamilton-Wentworth CDSB · 345 students
Elementary
- St. Patrick Catholic Elementary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Queen Victoria Elementary Public School0.6 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 48% met the provincial standard · Grade 6 math: 14% met the provincial standard
- George L Armstrong Public School0.8 km
Public · Hamilton-Wentworth DSB · 420 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 22% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8N
- Population
- 15,568
- Private dwellings
- 8,630
- Median age
- 36.8
- Average household size
- 1.9
- Median household income
- $54,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $682,500
- Homes sold
- 4,995
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,995 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$155,980
Estimated Monthly Payment
$3,831
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,831/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $195/mo
Estimates only. Consult a financial advisor.
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