43 Crooks Street
Strathcona, Hamilton, L8R 2Z7
FOR SALE
$929,000
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3 + 2
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 7 + 3
ROOMS X13827776
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Property Description
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. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity!
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Property Features
Fenced Yard, Library, Marina, Park, Public Transit, School, Carpet Free, Other, Separate Hydro Meter, Private Double
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Property Details
Address
43 Crooks Street
Community
City
Postal Code
L8R 2Z7
Property Type
Multiplex, Multiplex
Lot Size
50' x 109'
Taxes
$6,586 (2026
Basement
Finished, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
Detached
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Listing contracted with Re/Max Aboutowne Realty Corp.
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