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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13837554For SaleFourplex

181 West Ave

Landsdale, Hamilton, Ontario L8L 5C7

Map
1 / 25
181 West Ave, Hamilton, photo 1
Asking$699,900
Bedrooms
5
Bathrooms
4
Size
2,000–2,500sq ft
Per sq ft
$311at the range’s middle
Lot
25.04 x 123.19 ft
Tax a year
$4,8272025 tax year
Parking
6none
Days on market
Members

The brief

About 181 West Ave

181 West Ave is a 5-bedroom, 4-bathroom fourplex in Landsdale, Hamilton, listed for sale at an asking price of $699,900 (MLS® X13837554).

Attention Investors!!!! Attention Investors!!!! Prime Hamilton Centre 4-Unit Freehold Investment! Turn-Key, Fully Renovated 4-Unit Property In A Prime Hamilton Centre Location On West Avenue. 2 Units Occupied With AAA Tenants + 2 Vacant Units-Perfect For An Owner-Occupier Or Additional Rental Income. Current Rent: Total $3000/Month Potential Monthly Rental Income, If All Four Units Were Rented, Would Be Approximately $5,800. Rear Parking For 6 Cars. Shared Laundry + Private Laundry In 2-Bedroom Unit. Professionally Waterproofed Basement With Sump Pump. Potential For Additional Income/ADU, Subject To Approvals. Walking Distance To Hamilton General Hospital. A Fantastic Opportunity For Investors Or Buyers Looking To Live In One Unit While Generating Rental Income From The Others! Don't Miss Out!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$204/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 22 homes with 5 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,827 / 2025
MLS® number
X13837554
Board
TRREB MLS®
Property Type
Fourplex
Days on market
Size
2000-2500 sqft
Lot Size
25.04 x 123.19 ft
Listed on
Parking
None, 6 Parking
Listing brokerage: HOMELIFE/FUTURE REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Fourplex
Style
2 1/2 Storey
Community
Landsdale
Municipality
Hamilton

Building

Size
2000-2500 sqft
Construction
Brick

Inside

Bedrooms
5
Bathrooms
4
Bathroom Details
2 × 3pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
Basement Type
Full
Kitchens
4

Parking

Driveway
Pvt Double
Garage Type
None
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
Window Unit
Heating Type
Radiant

Land

Sewer
Sewers
Frontage
25.04 ft
Depth
123.19 ft
Lot Size
25.04 x 123.19 ft

Additional

Foundation
Concrete, Stone
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
4x Fridges, 4x stoves, 4x microwaves, 3x dishwashers, washer/dryer x2, New Portable AC unit(June 2024)

Rooms

RoomSizeFeaturesLevel
Kitchen3.3 × 3.24 mStainless Steel ApplMain
Living3.65 × 4.43 mLaminateMain
Br3.24 × 3.82 mLaminateMain
Family3.04 × 3.82 mLaminateMain
Living3.82 × 5.93 m—2nd
Br2.68 × 3.87 m—2nd
Br2.73 × 4.36 m—2nd
Kitchen2.66 × 3.85 mStainless Steel Appl2nd
Br4.05 × 2.02 m—3rd
Kitchen1.43 × 2.45 m—3rd

Listing history

Buy/sell history for 181 West Ave, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$699,900N/AFor SaleX13837554

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $139,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$139,980
Total mortgage amount
$559,920
Total interest payment
$398,280
Total purchase cost
$1,098,180
Mortgage payment
$3,194/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

15%

Monthly carrying cost

$3,596
$204per month
  • Carrying cost $3,596
  • Surplus $204

Rental income opens at $3,800, the median asking rent of 22 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$10,473
Total land transfer tax
$10,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$6,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $699,900
$5,998
Ontario total
$10,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
3,085 sq ft287 m²
Street frontage
25.04 ft7.6 m
Depth
123.19 ft37.5 m
25.04 × 123.19 ftWEST AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 8 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.7 kmNearest rail line: 610 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m21 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 9.7 km9.7 km

Province of Ontario open data

Around the home3

  • Nearest rail line: 610 m610 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 130 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Shell Canada Products — Hamilton Terminal, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

The market

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
West Harbour GOGO Transit train: Lakeshore West1.2 km
Hamilton GO CentreGO Transit train: Lakeshore West1.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Dr. J. Edgar Davey Elementary Public SchoolHamilton-Wentworth DSBPublic · grades JK–8400 m49%Grade 6 average
St. Patrick Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–8700 m57%Grade 6 average
Cathy Wever Elementary Public SchoolHamilton-Wentworth DSBPublic · grades JK–8800 m55%Grade 6 average
ÉÉC Notre-DameConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.5 km80%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Cathedral High SchoolHamilton-Wentworth CDSBCatholic · grades 9–12 · French Immersion850 m43%Grade 9 math
Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–122.4 km36%Grade 9 math
École secondaire Georges-P-VanierConseil scolaire ViamondeFrench-language public · grades 9–123.2 km73%Grade 9 math
Westdale Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12 · French Immersion3.7 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in Landsdale are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record