$1,200,000
 $6,442 est/mo Sourced by Back At You

170-172 Markland Street,Hamilton, ON L8P2K5

Hamilton, ON L8P2K5

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Description

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. (id:13843)

Details

MLS #40862374
Listing TypeFor Sale
StatusActive
Year1910
Days On Site47
Listing Provided ByRE/MAX Escarpment Realty Inc. | Brad MaGarrey

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet3,542
Garage7
BasementY
Story(s)2
Units6
ZoningD

Interior

CoolingWall unit
HeatingRadiant heat
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone

Parking

Parking FeaturesDetached Garage
Parking Total7

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount11850.55

Area Information

ProvinceON
CityHamilton
Postal CodeL8P2K5
Community Name124 Durand South
Listing VS Median (in 124 Durand South)
Price:
$1,200,000
low | high
Med:
$849,900
79.175% of Average
sqft:
3,542
low | high
Med:
2,337
84.020327498588% of Average
$ / sqft:
$339
low | high
Med:
$364
42.656332905434% of Average
On site:
47
low | high
Med:
84
55.952380952381% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityHamilton
Postal CodeL8P2K5
Community Name124 Durand South
Listing VS Median (in 124 Durand South)
Price:
$1,200,000
low | high
Med:
$849,900
79.175% of Average
sqft:
3,542
low | high
Med:
2,337
84.020327498588% of Average
$ / sqft:
$339
low | high
Med:
$364
42.656332905434% of Average
On site:
47
low | high
Med:
84
55.952380952381% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 2,500 - 4,000
Listing Updated: September 29, 2026 at 2:29:07 AM PDT