181 WEST AVENUE NORTH
Toronto · L8L5C7
$875,000
About this residence
Prime Hamilton Centre Freehold Investment - Opportunity is knocking with this fantastic 4-unit freehold investment property in the heart of Hamilton Centre on West Avenue! Fully renovated with modern finishes, this turn-key property features three occupied units with AAA tenants and one vacant unit, perfect for owner-occupancy or an additional rental opportunity. Property Highlights: Shared laundry in the basement with potential to finish the basement for additional income (2-br unit has its own washer-dryer). Basement has been professionally waterproofed w/sump-pump. Rear parking for 6 cars for tenant convenience, or potential expansion/ADU. Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1- $1,071.63/month, Unit 2- $1,913.27/month, Unit 3-$1,523.40/month, Unit 4- **Vacant** (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don't miss out! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Bedrooms
- 5 (5 above)
- Bathrooms
- 4
- Storeys
- 2
- Living area
- 2,000–2,500 sq ft
- Lot size
- 25 x 123 FT
- Frontage
- 25 feet
- Parking
- 6 spaces
- Annual tax
- $4,827
- MLS®
- X12379415
- Board
- Toronto
- Status
- Active
- Listed
- Sep 4, 2025
- Updated
- May 27, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | — |
| Bedroom | Third level | 2.01 × 4.04 m |
| Kitchen | Third level | 2.44 × 1.42 m |
| Bathroom | Main level | — |
| Bathroom | Main level | — |
| Bathroom | Second level | — |
| Bathroom | Third level | — |
| Laundry room | Basement | — |
| Kitchen | Main level | 3.25 × 3.2 m |
| Living room | Main level | 4.42 × 3.66 m |
| Bedroom | Main level | 3.81 × 3.25 m |
| Family room | Main level | 3.81 × 3.05 m |
| Living room | Second level | 5.94 × 3.81 m |
| Bedroom | Second level | 3.86 × 2.69 m |
| Bedroom | Second level | 4.37 × 2.74 m |
| Kitchen | Second level | 3.86 × 2.67 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Microwave
- Water Heater
Heating
- Radiant heat
- Natural gas
Cooling
- Window air conditioner
Basement
- Full
- Unfinished
Exterior
- Brick
- Stucco
Foundation
- Stone
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$4,092/mo
Loan amount
$700,000
Down payment
$175,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L8L- 32,312
- Population
- 36
- Median age
- $65,000
- Median income
- $500,000
- Median home value
- 52%
- Home ownership
- 30 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 181 WEST AVENUE NORTH?
181 WEST AVENUE NORTH is listed for $875,000, in Toronto.
How many bedrooms and bathrooms does 181 WEST AVENUE NORTH have?
It offers 5 bedrooms and 4 bathrooms.
What type of home is 181 WEST AVENUE NORTH?
181 WEST AVENUE NORTH is a Multi-family, Fourplex set over 2 storeys.
How large is 181 WEST AVENUE NORTH?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 25 x 123 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,092. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,827 per year.
Is there parking?
Yes — 181 WEST AVENUE NORTH includes 6 parking spaces.
What is the Toronto area like?
Toronto has a population of about 32,312, a median age of 36, a 52% home-ownership rate, with an average commute of about 30 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $65,000.
Similar residences
Comparable Fourplex near Toronto at a similar price.
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