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Investment signal

$799,900

70 BELVIEW AVENUE

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Beds

6

Baths

4

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Crown Point). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Turnkey 4-unit property in a prime pocket of Hamilton, an exceptional opportunity for investors seeking stable income and long-term upside. 70 Belview Ave provides a well-balanced unit mix of 2 spacious 1-bedroom apartments and 2 generously sized 2-bedroom units (one of which will be vacant as of July 1st, 2026) all thoughtfully designed and modernized within the last five years to attract and retain quality tenants. This solid asset has been extensively improved with major capital upgrades including new electrical and plumbing (2016), providing peace of mind and reduced maintenance for years to come. Two hydro meters, allow for efficient expense management and increased net income, while a detached garage adding additional value and potential for extra rental income or tenant convenience. This property generates substantial positive monthly cash flow as it's currently operating, cash in your pocket every month! Located in a highly accessible and amenity-rich neighbourhood, residents enjoy close proximity to shopping, dining, schools, parks, and public transit. Quick access to major routes and downtown Hamilton makes commuting a breeze, while nearby green spaces and local attractions enhance tenant appeal and lifestyle. A rare, low-maintenance investment opportunity in a growing market, add this strong performer to your portfolio with confidence. (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
Crown Point
Lot dimensions
30 x 95.5 FT
Bedrooms
5 above grade, 1 below grade
Parking
1 total
Stories
2.5
On market
Apr 8, 2026
Status changed
Apr 27, 2026
Annual tax
$4,496 (2026)
Zoning
D
Photos
50
MLS#
X12969186
Area
HAMILTON_(CROWN_POINT)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedApartment in basementN/AN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Unknown

Lot

In-Law Suite
Negative cash flow ~$889/mo at these assumptions

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980
Loan amount$639,920
Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367
Insurance$80
Maintenance$667
CapEx reserve$333
Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,242/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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