$1,399,900
981 MOHAWK ROAD E
Beds
10
Baths
6
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
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. (id:65958)
- Subtype
- Multi-family
- Structure
- Other
- Community
- Huntington
- Lot dimensions
- 50 x 150 FT
- Bedrooms
- 10 above grade
- Parking
- 10 total
- Stories
- 2.5
- On market
- Apr 17, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $8,987.89
- Zoning
- E
- Photos
- 43
- MLS#
- X13012924
- Area
- HAMILTON_(HUNTINGTON)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-11.54%
Cap rate
3.58%
GRM
16.7
Break-even rent
$9,834
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Huntington). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.