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Key Facts
Key facts for 164 Wentworth Street S
Property Type
Commercial
Parking
Outside/Surface
MLS #
X12394372
Size
-
Basement
-
Listed on
2025-09-10
Lot size
40 x 110.0
Tax
$5,030 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
Description
PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated and paying market rents and utilities (providing a bu...ilt-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. ***FINANCIALS & CAPEX: See verifiable financial info, recent capital upgrades, and other info in attachment.
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