12 Mayflower Avenue, Hamilton, ON L8L 2K4
Hamilton
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 12 Mayflower Avenue, Hamilton is a single detached home operated as a four-room rental, offered at a 5.61% in-place cap rate on current rents. This fully-tenanted property generates $36,000 in gross annual rent and $28,334 NOI at an asking price of $505,000.The home is configured with 3 bedrooms and a bath upstairs and 1 bedroom on the main floor, plus a bathroom in the basement. Three tenants pay $750/month each in cash rent, while the fourth room is occupied by a tenant who performs maintenance and repairs in lieu of cash rent, valued at the same $750/month - gross rent is shown inclusive of this in-kind arrangement. This property carries the lowest operating-expense load in the portfolio, so every additional dollar of room rent converts to NOI at an unusually high rate. One of the four rooms is already month-to-month, with the remainder repositionable to market as tenancies turn. The detached home sits on its own lot, offering a new owner long-term flexibility - whether continued as a room rental, converted to a single-family lease, or held for appreciation.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 12 Mayflower Avenue, Hamilton, ON L8L 2K4
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MLS# X13541324
Listed by EXP REALTY
On market since Jul 9, 2026
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is listed for $505,000 CAD.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 has 4 bedrooms and 2 bathrooms.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is a Detached.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is in Hamilton, Ontario.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 12 Mayflower Avenue, Hamilton, ON L8L 2K4 (MLS# X13541324). You can also send a message through the contact form on this site.
