Description
Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow!
Details
| MLS # | X12637764 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 298 |
| Listing Provided By | REVEL REALTY INC. | X12637764 344711 |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.11 |
Interior
| Interior Features | Water Heater, Primary Bedroom - Main Floor |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4300 |
|---|---|
| Tax Legal Description | PT LTS 273 & 274, PL 638 , PT PCL F, PL 638 , AS IN VM168356 ; HAMILTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 3Z2 |
| Area | Raleigh |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 3Z2 |
| Area | Raleigh |
