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773 LAWRENCE Road

773 LAWRENCE Road

Hamilton, Ontario

4 bed • 3 bath • Multi-family

$999,999

Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential.The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income.Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies.The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping.The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market.

Price History

Schools

Elementary

  • Rosedale Elementary School0.7 km

    Public · Hamilton-Wentworth DSB · 285 students

    Grade 3 reading: 58% met the provincial standard

  • Viscount Montgomery Public School0.9 km

    Public · Hamilton-Wentworth DSB · 455 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 32% met the provincial standard

  • A M Cunningham Junior Public School1 km

    Public · Hamilton-Wentworth DSB · 450 students

    Grade 3 reading: 68% met the provincial standard

Secondary

  • Sherwood Secondary School1.2 km

    Public · Hamilton-Wentworth DSB · 1255 students

    Grade 10 literacy: 79% met the provincial standard

  • Sir Winston Churchill Secondary School1.4 km

    Public · Hamilton-Wentworth DSB · 790 students

    Grade 10 literacy: 56% met the provincial standard

  • ÉSAC Mère-Teresa2.4 km

    French Catholic · CS catholique MonAvenir · 300 students

    Grade 10 literacy: 90% 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 L8K

Population
32,598
Private dwellings
14,405
Median age
42.4
Average household size
2.3
Median household income
$75,000

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
$683,000
Homes sold
5,009
Median days on market
27
Sale-to-list price
97.1%

Based on 5,009 recorded sales of multi-family properties in Hamilton over the last 12 months.

Location

Mortgage Calculator

$200,000

Estimated Monthly Payment

$4,913

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,913/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

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