Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity!
43 Crooks Street
Strathcona, Hamilton $999,000Make an offer
5 Beds
3 Baths
1500-2000 sqft
Detached
Garage
Parking for 8
West Facing
- MLS®#:
- X13144182
- Property Type:
- Multiplex
- Property Style:
- 2-Storey
- Area:
- Hamilton
- Community:
- Strathcona
- Taxes:
- $6,467.62 / 2025
- Added:
- May 18 2026
- Lot Frontage:
- 50
- Lot Depth:
- 109
- Status:
- Active
- Outside:
- Aluminum Siding,Brick
- Year Built:
- 51-99
- Basement:
- Finished,Separate Entrance
- Brokerage:
- RE/MAX ABOUTOWNE REALTY CORP.
- Lot :
-
109
50
- Intersection:
- York Blvd & Crooks St.
- Rooms:
- Bedrooms:
- 5
- Bathrooms:
- 3
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Kitchen | 2.97 x 4.29m Main Level |
|---|---|
| Family Room | 4.01 x 4.42m Main Level |
| Primary Bedroom | 4.29 x 2.87m Main Level |
| Bedroom 2 | 3.66 x 4.5m Main Level |
| Bathroom | 1.88 x 2.97m 3 Pc Bath Main Level |
| Kitchen | 3.02 x 2.51m Second Level |
| Bedroom 3 | 4.98 x 3.35m Second Level |
| Bathroom | 3.02 x 1.7m 4 Pc Bath Second Level |
| Kitchen | 2.69 x 4.85m Basement Level |
| Bedroom 4 | 2.67 x 4.5m Basement Level |
| Bedroom 5 | 2.24 x 5.97m Basement Level |
| Bathroom | 1.5 x 3.53m 4 Pc Bath Basement Level |
Listing Details
Insights
- Strong Cash Flow: The property generates a gross annual income of $71,400 with a cap rate of 5.95%, making it an attractive investment for cash flow-focused buyers.
- Quality Tenants in Place: Currently fully tenanted with A++ tenants, providing peace of mind and immediate rental income for the new owner.
- Prime Location: Located just a short walk from the GO Station and Bayfront Park, offering convenience for tenants and potential for property appreciation.
Property Features
Fenced Yard
Library
Marina
Park
Public Transit
School
Sale/Lease History of 43 Crooks Street
View all past sales, leases, and listings of the property at 43 Crooks Street.Neighborhood Overview
Complete neighborhood profile for 43 Crooks Street
Strathcona home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Strathcona
Insights for 43 Crooks Street
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
