About this property
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
Property Summary
Property TypeMultiplex
Square Footage5000 + sq ft
Community NameFreelton
Land Size66 x 252 ft
Age of Building51-99
Annual Property Taxes$5,253.00
Tax Year2025
Parking TypeAttached Garage, Reserved/Assigned
Building details
Bedrooms13
Bathrooms / washrooms11 — 2-pc Ground, 4-pc Second
Kitchens8
Family room1
Property typeMultiplex
Architectural style2-Storey
Approximate age51-99
Room dimensions
| # |
Room |
Level |
Dimensions |
Features |
| 1 |
Kitchen |
Second |
6.43 × 4 ft |
|
| 2 |
Living Room |
Second |
3.96 × 4 ft |
|
| 3 |
Bedroom |
Second |
2.66 × 2.4 ft |
|
| 4 |
Primary Bedroom |
Second |
2.84 × 2.97 ft |
|
| 5 |
Bathroom |
Second |
|
4 Pc Bath |
| 6 |
Kitchen |
Main |
4.04 × 3.9 ft |
|
| 7 |
Bedroom |
Main |
2.48 × 2.67 ft |
|
| 8 |
Primary Bedroom |
Main |
3.58 × 2.97 ft |
|
| 9 |
Bathroom |
Main |
|
4 Pc Bath |
Lot & land
Lot dimensions66 × 252 ft
Lot frontage66 ft
Lot depth252 ft
Interior Features
Basement FeaturesFull, Partially Finished, Walk-Out
Basement TypeFinished
Interior FeaturesSeparate Hydro Meter
Inclusions8x STOVE, 8x FRIDGE, WASHER, DRYER
Building Features
Foundation TypeConcrete Block
Style2-Storey
RoofAsphalt Shingle
ConstructionVinyl Siding
Building Amenities
PoolNone
TopographyHillside, Hilly
Rental Equipment
Rental equipment2x HOT WATER TANK
Heating & Cooling
CoolingCentral Air, Wall Unit(s)
Heating TypeForced Air
Heating SourceGas
Parking
Parking TypeAttached Garage, Reserved/Assigned
Total Parking Spaces9
Taxes & fees
Annual taxes$5,253 (2025)
Listing history
On market sinceMay 27, 2026
Location
Hamilton, ON L8B 0Z5
Listed by RE/MAX ESCARPMENT REALTY INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.