773 Lawrence Road
Bartonville, Hamilton, L8K 1Z7
FOR SALE
$999,999
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5 + 1
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 10 + 3
ROOMS X13588870
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Property Description
Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential.The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income.Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies.The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping.The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-06-18 | 2021-06-23 | 5 | $650,000 | $660,000 |
Property Features
Separate Hydro Meter
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Property Details
Address
773 Lawrence Road
Community
City
Postal Code
L8K 1Z7
Property Type
Duplex, Duplex
Lot Size
44' x 98'
Taxes
$4,671 (2025
Basement
Full, Separate Entrance, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Platinum Lion Realty Inc
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Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
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Charming Tudor-style duplex offering an exceptional opportunity for both investors and end-users alike! This well-maintained property features two self-contained 2-bedroom units, each complete with a full kitchen, spacious living and dining areas, a 4-piece bathroom, and the added convenience of separate hydro meters. Both units enjoy their own private front and side entrances, providing excellent flexibility and privacy for tenants or multi-generational living. An unfinished basement includes two sets of laundry, adding further functionality and potential. The exterior boasts a front single-car driveway along with a rare 5-car driveway at the rear, plus a private backyard space to enjoy. Ideally located just minutes from McMaster University, this property is perfectly positioned for strong rental demand and long-term growth. Situated in the highly sought-after Kirkendall South community, you'll love the convenience of public transit right at your doorstep, making commuting simple for tenants and owners alike. This vibrant area is known for its charm, walkability, and proximity to parks, schools, trendy shops, and local restaurants, with easy access to major routes connecting you throughout the city. A fantastic opportunity in one of Hamilton's most desirable neighbourhoods!
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