About 295 Melvin Avenue
THIS 20 UNIT MULTIPLEX APARTMENT BUILDING PRESENTS A PRIME INVESTMENT OPPORTUNITY, FEATURING 15 ONE-BEDROOM UNITS AND 5, TWO-BEDROOM UNITS. EACH TENANT PAYS THEIR OWN HYDRO, ADDING TO THE INVESTMENT APPEAL. THE BUILDING IS EQUIPPED WITH THERMAL WINDOWS AND IS CONVENIENTLY LOCATED WITHIN WALKING DISTANCE OF SCHOOLS, SHOPPING CENTERS, AND RESTAURANTS, CATERING TO ALL YOUR TENANTS' NEEDS. SITUATED IN A PRIME LOCATION, THIS THREE-STOREY WALK-UP OFFERS SUBSTANTIAL UPSIDE POTENTIAL WITH 12 VACANT UNITS READY FOR RENOVATION. THIS SOLID INVESTMENT PROPERTY ALLOWS FOR REPOSITIONING TO ACHIEVE MARKET RENTS. DON'T MISS OUT ON THIS RARE CHANCE TO MAXIMIZE CASH FLOW AND EQUITY GROWTH!
Features of 295 Melvin Avenue
| MLS® # | 40723183 |
|---|---|
| Price | $4,000,000 |
| Bedrooms | 25 |
| Bathrooms | 20.00 |
| Square Footage | 17,150 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 295 Melvin Avenue |
|---|---|
| Area | 23 - Hamilton East |
| Subdivision | 233 - McQuesten |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8H 2K6 |
Amenities
| Parking Spaces | 12 |
|---|---|
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Appliances | Refrigerator, Stove |
|---|---|
| Heating | Radiant |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | None |
Exterior
| Lot Description | City Lot, Place of Worship, Public Transit, Schools, Shopping Nearby |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Block, Concrete Block |
Additional Information
| Date Last Updated | October 12th, 2025 |
|---|---|
| Zoning | E |
Listing Details
| Office | Homelife Professionals Realty Inc. |
|---|