13 Westinghouse Avenue, Hamilton (Gibson), ON, L8L 6E4 - investment for sale | Listing ID X10440794

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Investment For Sale In Gibson, Hamilton (Gibson), Ontario

$985,000

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13 Westinghouse Avenue, Hamilton (Gibson), ON - Outdoor With Facade

13 Westinghouse Avenue, Hamilton (Gibson), ON - Outdoor

13 Westinghouse Avenue, Hamilton (Gibson), ON - Outdoor With View

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Kitchen

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Living Room

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Other Room

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Bedroom

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Bathroom

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Basement

13 Westinghouse Avenue, Hamilton (Gibson), ON - Indoor Photo Showing Laundry Room

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Get a home insurance quote online for this $985,000 property in Hamilton (Gibson)

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Home Insurance - TD Insurance

Get a home insurance quote online for this $985,000 property in Hamilton (Gibson)

Provided by TD Insurance

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13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

$985,000

Property Information:

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Amenities: Separate Heating Controls, Separate Hydro Meters
Exterior Finish: Brick
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Wall unit
Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

Property Type: Multi-family
Bedrooms: 9
Bathrooms: 6
Amenities Nearby: Park, Public Transit, Hospital
Irregular: Yes
Lot Depth: 102.2 Feet
Lot Frontage: 25.6 Feet
Lot Size: 25.6 x 102.2 FT
Zoning: M6
Sewer: Sanitary sewer
No. of Parking Spaces: 4

Courtesy of: Keller Williams Signature Realty, Brokerage

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Location of 13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 13 WESTINGHOUSE AVENUE , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 13 WESTINGHOUSE AVENUE , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,497.58

Average Number of Children

1.95

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.38 %

High school certificate or equivalent

29.76 %

Apprenticeship trade certificate/diploma

5.41 %

College/non-university certificate

18.68 %

University certificate (below bachelor)

0.15 %

University Degree

12.63 %

Commuter

Travel To Work

By Car

72.33 %

By Public Transit

15.89 %

By Walking

7.17 %

By Bicycle

1.07 %

By Other Methods

3.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.8 %

Houses

67.2 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

13 WESTINGHOUSE AVENUE, Hamilton (Gibson), Ontario, L8L 6E4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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