An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%. (id:13843)
| MLS # | X13614392 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | REAL ESTATE ADVISORS INC. | RICHARD CHHABRA |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Lot Features | Carpet Free, In-Law Suite |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
| Tax Annual Amount | 4500 |
|---|
| Province | ON |
|---|---|
| City | Hamilton (Blakeley) |
| Postal Code | L8M1W3 |
| Listing VS Median (in L8M1W3) | |
Price: $899,900 low | high Med: $899,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $450 low | high Med: $450 On site: 38 low | high Med: 38 | |
| Province | ON |
|---|---|
| City | Hamilton (Blakeley) |
| Postal Code | L8M1W3 |
| Listing VS Median (in L8M1W3) | |
Price: $899,900 low | high Med: $899,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $450 low | high Med: $450 On site: 38 low | high Med: 38 | |