
125 LIMERIDGE Road
Hamilton, Ontario
- 36 bed
- 24 bath
- Multi-family
Exceptional 12-unit townhouse complex located at West 5th & Limeridge, seconds to Mohawk College, one of the strongest West Mountain locations. All units are held under independent condominium titles, creating a rare opportunity for investors to acquire as a portfolio today and strategically sell off individually over time, capitalizing on market appreciation and higher per-unit resale values. Units 7 and 8 are currently vacant, offering immediate flexibility to set market rents, secure ideal tenants, or begin positioning units for resale from day one. This structure provides a major advantage over traditional multi-family assets, combining stable rental income with a clear path to equity growth through phased individual dispositions as market conditions evolve. The complex features fully finished, turnkey 3-bedroom units, each with private outdoor space and covered parking. Functional layouts support strong student rental demand and end-user appeal—critical when transitioning units to resale. Strategically positioned seconds to shopping, restaurants, transit, and direct highway access, the property offers exceptional convenience and consistent tenant demand. Strong historical performance and low vacancy rates reinforce its investment strength. 12 units | 3 bedrooms, 1.5 baths | ~1,200 sq ft + ~700 sq ft semi-finished basement space per unit. Includes carports, fenced backyards, and recent roof updates. Most units feature updated kitchens with stainless steel appliances, modern backsplashes, laminate flooring, crown moulding, updated staircases with wrought iron banisters, and high-efficiency furnaces with A/C. Located on the highly sought-after West Hamilton Mountain. Ideal for investors seeking immediate income with a clear, scalable exit strategy through individual unit sales.
Price History
Schools
Elementary
- Annunciation of Our Lord Catholic Elementary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 630 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Westview Middle School0.5 km
Public · Hamilton-Wentworth DSB · 265 students
Grade 6 math: 19% met the provincial standard
- James MacDonald Public School0.6 km
Public · Hamilton-Wentworth DSB · 310 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- Westmount Secondary School0.7 km
Public · Hamilton-Wentworth DSB · 1310 students
Grade 10 literacy: 95% met the provincial standard
- Turning Point Alternative Education School1.9 km
Public · Hamilton-Wentworth DSB · 100 students
- James Street Alternative Education2.3 km
Public · Hamilton-Wentworth DSB · 50 students
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 L9C
- Population
- 41,202
- Private dwellings
- 15,123
- Median age
- 41.2
- Average household size
- 2.7
- Median household income
- $92,000
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
- $680,000
- Homes sold
- 4,994
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,994 recorded sales of multi-family properties in Hamilton over the last 12 months.
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