981 Mohawk Rd E - Apartments FOR SALE


Hamilton, ON L8T 2R9- Mountain D
$1,799,900 CAD
905-662-6666

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$1,799,900 CAD
Apartments - FOR SALE
null | Request Cap Rate

981 Mohawk Rd E
Hamilton, ON L8T 2R9
Mountain D


OVERVIEW

This is a rare turnkey investment opportunity in the heart of Hamilton Mountain—a fully updated and exceptionally maintained six-unit multi-residential building offering four spacious 2-bedroom units, two spacious 1-bedroom units and parking for up to 10 vehicles on fresh asphalt. Ideally located along one of the city's most vibrant east-west corridors, the property is steps from the Mohawk Sports Complex and sits on a high-visibility transit route with extended bus service. Tenants enjoy unmatched convenience with easy access to Juravinski Hospital, Limeridge Mall, the LINC and Red Hill expressways, Albion Falls, and numerous hiking trails, making this a highly desirable rental location. Pride of ownership is evident throughout, with a long list of recent upgrades ensuring minimal maintenance and maximum efficiency. Improvements include PVC thermal windows, an updated and fully insulated roof (2011), updated kitchen and bathroom cabinetry, copper and ABS plumbing, copper wiring, fresh paint, and new flooring. A high-efficiency IBC boiler system, installed in 2025, adding to the property’s operating efficiency. The building also features convenient on-site laundry and includes six sets of fridges and stoves. With excellent net operating income and strong tenant appeal, this is a stable, income-generating asset that’s ready to go—ideal for investors seeking long-term growth in a thriving Hamilton neighbourhood.

FOR SALE DETAILS

PRICE

$1,799,900 CAD

PRICE/SF

$506 CAD /SF

# OF UNITS

6

PRICE/UNIT

$299,983

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,530 SF

ZONING

E

APN/PARCEL ID

170000376

ASK ABOUT THIS PROPERTY

Martin MazzaRoyal LePage State RealtyMore Info
905-662-6666

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Martin MazzaRoyal LePage State RealtyMore Info
905-662-6666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.