43 CROOKS Street
Hamilton, Ontario
5 bed • 3 bath • Multi-family
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity!
Price History
Schools
Elementary
- Strathcona Junior Public School0.4 km
Public · Hamilton-Wentworth DSB · 220 students
Grade 3 reading: 94% met the provincial standard
- Hess Street Junior Public School0.5 km
Public · Hamilton-Wentworth DSB · 310 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 38% met the provincial standard
- École élémentaire Georges-P-Vanier1.1 km
French public · CS Viamonde
Secondary
- École secondaire Georges-P-Vanier1.1 km
French public · CS Viamonde · 85 students
Grade 10 literacy: 100% met the provincial standard
- Westdale Secondary School1.8 km
Public · Hamilton-Wentworth DSB · 1525 students
Grade 10 literacy: 88% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School2 km
Public · Hamilton-Wentworth DSB · 65 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 L8R
- Population
- 11,651
- Private dwellings
- 6,113
- Median age
- 38.4
- Average household size
- 2
- Median household income
- $53,600
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
$199,800
Estimated Monthly Payment
$4,908
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,908/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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