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80 MACLENNAN Avenue

80 MACLENNAN Avenue

Hamilton, Ontario

6 bed • 4 bath • Multi-family

$999,000

Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant paid 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.

Price History

Schools

Elementary

  • Franklin Road Elementary Public School0.6 km

    Public · Hamilton-Wentworth DSB · 560 students

    Grade 3 reading: 63% met the provincial standard · Grade 6 math: 54% met the provincial standard

  • Elementary Alt-Ed0.9 km

    Public · Hamilton-Wentworth DSB

  • Our Lady of Lourdes Catholic Elementary School1 km

    Catholic · Hamilton-Wentworth CDSB · 320 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 52% met the provincial standard

Secondary

  • James Street Alternative Education0.9 km

    Public · Hamilton-Wentworth DSB · 50 students

  • Hill Park System Alternative Education1 km

    Public · Hamilton-Wentworth DSB

  • St. Charles Catholic Adult Secondary School1.9 km

    Catholic · Hamilton-Wentworth CDSB · 345 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 L8V

Population
21,165
Private dwellings
9,662
Median age
44.4
Average household size
2.2
Median household income
$68,500

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
$683,000
Homes sold
5,001
Median days on market
27
Sale-to-list price
97.1%

Based on 5,001 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.

R

Reita | Assistant

Online

Reita said:

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