170 MARKLAND Street
Hamilton, Ontario
8 bed • 6 bath • Multi-family
Exceptional Turnkey Investment Opportunity - 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential. Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants. Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets.
Price History
Schools
Elementary
- Kanétskare Elementary School Middle School0.3 km
Public · Hamilton-Wentworth DSB · 395 students
Grade 6 math: 46% met the provincial standard
- St. Joseph Catholic Elementary School0.6 km
Catholic · Hamilton-Wentworth CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Central Junior Public School0.7 km
Public · Hamilton-Wentworth DSB · 320 students
Grade 3 reading: 41% met the provincial standard
Secondary
- Turning Point Alternative Education School1.4 km
Public · Hamilton-Wentworth DSB · 100 students
- St. Charles Catholic Adult Secondary School1.5 km
Catholic · Hamilton-Wentworth CDSB · 345 students
- System Alternative Education Sir Isaac Brock Secondary School1.8 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 L8P
- Population
- 24,773
- Private dwellings
- 14,969
- Median age
- 38.8
- Average household size
- 1.8
- Median household income
- $58,000
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
- $683,250
- Homes sold
- 5,012
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,012 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$230,000
Estimated Monthly Payment
$5,650
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,650/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $288/mo
Estimates only. Consult a financial advisor.