112 Leinster Avenue S

Presenting a remarkable opportunity, this Multi-Family Home for sale in Hamilton is a fully renovated multiplex located at 112 Leinster Avenue S, Hamilton. Nestled in the desirable Stripley community, this property is not only a solid investment but also a testament to modern living. With a generous footprint and a well-thought-out layout, this residence promises both cash flow and long-term appreciation.

The property boasts a substantial size of 40 x 91 feet, offering ample space for its residents. This Multi-Family Home for sale in Hamilton comprises four updated units, each designed to meet contemporary living standards. The units include a basement unit with one bedroom and one bathroom, a main floor unit also featuring one bedroom and one bathroom, a second-floor unit with two bedrooms and one bathroom, and a loft unit that includes one bedroom and one bathroom. All units were meticulously renovated in 2020, showcasing modern kitchens, stylish bathrooms, and high-quality flooring and appliances. The renovations extend beyond aesthetics, with updates to the electrical and plumbing systems, ensuring a safe and efficient living environment.

At 112 Leinster Avenue S, Hamilton, you will find a property that has been designed with functionality in mind. The presence of four kitchens allows for independent living arrangements, making it an ideal choice for families or groups seeking a shared living experience. The total of 19 rooms across the four units provides ample space for comfort and privacy. However, it is important to note that there is no den or family room included in this property, which may be a consideration for potential buyers.

This Multi-Family Home for sale in Hamilton does not feature a pool or a fireplace, which may appeal to those looking for a low-maintenance lifestyle. Additionally, there is no central vacuum system, but the property is equipped with municipal water and sewer services, ensuring convenience for all residents. The absence of air conditioning might be a factor for some, but the forced air heating system will keep the property warm during the colder months.

Parking is a significant advantage of this property, with space for up to four vehicles, including a detached garage that accommodates one car. The lack of a driveway is compensated by the ample on-site parking, making it easy for residents and guests alike. Furthermore, the property features a separate entrance to the finished basement, adding to its appeal and functionality.

One of the standout features of this Multi-Family Home for sale in Hamilton is the additional income potential it offers. The onsite shared coin-operated laundry facilities provide an extra revenue stream, which can significantly enhance the overall profitability of the investment. With quality tenants already in place, this property is poised to be a fantastic addition to any real estate portfolio.

In conclusion, 112 Leinster Avenue S, Hamilton, presents an exceptional opportunity for those looking to invest in a well-maintained and strategically located multiplex. The combination of modern renovations, ample living space, and income-generating potential makes this Multi-Family Home for sale in Hamilton a compelling choice. Whether you are an experienced investor or a first-time buyer, this property is sure to meet your needs and exceed your expectations. Don't miss out on the chance to own this outstanding investment in the heart of Hamilton's vibrant Stripley community.

Stripley is a charming neighbourhood nestled within the city of Hamilton, Ontario, characterised by its picturesque streets and a blend of residential and green spaces. This area boasts a welcoming atmosphere, with a mix of quaint homes and modern developments, making it an attractive option for families and individuals alike. Conveniently located near essential amenities, including schools, parks, and shopping centres, Stripley offers a balance of urban convenience and suburban tranquillity. The community is well-connected by public transport, ensuring easy access to the vibrant heart of Hamilton and beyond. With its friendly vibe and accessible location, Stripley is an appealing choice for those looking to settle in a lively yet serene environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Adelaide Hoodless Public School, just 0.4 km away, offering elementary education from JK to grade 8 with a solid rating of 4. Another nearby option is Holy Name of Jesus CES, a Catholic elementary school located 0.9 km from the property, which also boasts a commendable rating of 4.1. For secondary education, Bernie Custis Secondary School is just 0.4 km away, although it currently has a rating of 0. A more highly rated secondary option is Sherwood Secondary School, located 2.2 km away, with a rating of 6.9. Additionally, Cathedral CSS, another Catholic secondary school, is situated 1.6 km from the property and has a rating of 4.2. For families seeking French-language education, A.M. Cunningham Elementary School and W.H. Ballard Elementary School are available, with ratings of 0 and 4.4, respectively. Overall, the area offers a diverse range of schooling options, catering to various educational preferences and needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 611 residents, with an average household size of 2.2. The demographic profile indicates a relatively young community, with an average age of 37.4 years. The average household income stands at $88,000, although 14.4% of the population is classified as low-income. The real estate market reflects a median home price of $640,000, and the community shows a significant proportion of renters, comprising 54.55% of households. A notable 55.45% of residents are single, while 38.71% live in households with children. The area also has a diverse educational background, with 58.16% of residents holding a college or university degree. Immigrants make up 8.26% of the population, contributing to the community's cultural diversity. Additionally, 35.71% of the population is not in the labor force, indicating a potential area for economic growth. The presence of condos is minimal, accounting for only 5.45% of housing options, suggesting a market primarily focused on single-family homes and rentals. Overall, this community presents a blend of educational attainment, income levels, and housing dynamics that may appeal to potential buyers and investors.