Created date: March 4, 2025
Date last updated: June 19, 2025
- 21 Units with Value-Add Potential – Opportunity to add 2 units, increasing total unit count to 23.
- Over a 5.00% Cap Rate – Strong cash flow with stabilized income.
- Immediate CMHC Financing Available – Option to secure insured debt upfront for long-term financing stability.
- Strategic Unit Upgrades – Renovated units with potential for in-suite laundry to enhance rental income.
- Prime Hamilton Location – positioned in a strong rental market with continued urban growth.
- Proximity to Key Amenities – Walking distance to Gage Park, Ottawa Street shopping district, public transit, and major highways, ensuring strong tenant demand.
Property Description
The Investments Group and Scott Gawne are pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton’s Delta neighborhood. This property combines strong cash flow with significant value-add potential.
Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential.
Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity.