154-156 Freelton Road
Hamilton, ON
13 bed • 11 bath • approx. 5000 + sqft • Multiplex • 87 days on market
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
Listing Details
- Taxes (2025)
- $5,253
- Listed
- May 27, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Separate Hydro Meter
- Lot Size
- 66 x 252 Feet
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Freelton Rd & North Street
- Parcel Number
- 175320059
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- 8x STOVE, 8x FRIDGE, WASHER, DRYER
- Rental Items
- 2x HOT WATER TANK
Schools
Elementary
- Balaclava Public School4.3 km
Public · Hamilton-Wentworth DSB · 315 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 47% met the provincial standard
- Our Lady of Mount Carmel Catholic Elementary School4.4 km
Catholic · Hamilton-Wentworth CDSB · 275 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 54% 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 L8B
- Population
- 25,778
- Private dwellings
- 9,053
- Median age
- 38.4
- Average household size
- 2.9
- Median household income
- $131,000
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
Residential Freehold in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 5,016
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,016 recorded sales of residential freehold properties in Hamilton over the last 12 months.
Rooms
3 × 2-piece on Ground, 8 × 4-piece on Second
Second
- Bathroom
- Bedroom8'9" x 7'10"
- Kitchen21'1" x 13'1"
- Living Room13' x 13'1"
- Primary Bedroom9'4" x 9'9"
Main
- Bathroom
- Bedroom8'2" x 8'9"
- Kitchen13'3" x 12'10"
- Primary Bedroom11'9" x 9'9"
Listed by
RE/MAX ESCARPMENT REALTY INC.
Location
Mortgage Calculator
$310,000
Estimated Monthly Payment
$7,615
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,615/mo (20% down, 5.5%)
Taxes: $438/mo · Insurance: $388/mo
Estimates only. Consult a financial advisor.
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