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BEDROOMS 2
BATHROOMS 2
KITCHENS 6
ROOMS X14030516
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Property Description
An exceptional investment and development opportunity in the heart of Hamilton's desirable Corktown neighbourhood. Situated on an impressive 44 108 ft lot, this fully rented two-unit property offers immediate rental income together with exciting long-term potential.The property features two self-contained residential units, each offering two bedrooms and one bathroom. Both units are currently rented, providing investors with income from day one. The home offers spacious interiors, updated finishes, heating and air conditioning, and two on-site parking spaces.Ideally located minutes from downtown Hamilton, major transit routes, the Hamilton GO Centre, shopping, restaurants, parks and everyday amenities. Redevelopment plans are available for prospective buyers to review. The large lot may offer opportunities for future expansion or redevelopment, subject to municipal zoning, required approvals and the buyer's own due diligence.A rare opportunity to acquire a beautiful income-producing property with a generous lot in a high-demand central location-ideal for investors, developers or buyers looking for immediate income and excellent future potential. A minimum of 24 hours' notice is required for showings.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2018-08-27 | 2018-09-05 | 9 | $299,000 | $290,000 |
Property Features
Other, Available
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Property Details
Address
70 Wellington Street
Community
City
Postal Code
L8N 2R1
Property Type
Detached, Detached
Zoning
D5
Lot Size
44' x 108'
Acreage
0.1 Feet
Taxes
$3,950 (2026
Basement
Unfinished, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Re/Max Aboutowne Realty Corp.
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