164 Wentworth Street S Hamilton (Stinson), Ontario L8N 2Z2
$889,000
PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated and paying market rents and utilities (providing a built-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. ***FINANCIALS & CAPEX: See verifiable financial info, recent capital upgrades, and other info in attachment. (id:41954)
Property Details
| MLS® Number | X12394372 |
| Property Type | Multi-family |
| Community Name | Stinson |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 3300 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 110 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 110 Ft |
| Size Total Text | 40 X 110 Ft |
| Zoning Description | R1 |
https://www.realtor.ca/real-estate/28842583/164-wentworth-street-s-hamilton-stinson-stinson
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September 10 2025 05:43:50
Toronto Real Estate Board
Sutton Group-Admiral Realty Inc.