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6 + 2
BEDROOMS5
BATHROOMS1 + 1
KITCHENS13 + 3
ROOMSX6136944
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-12 | 2023-12-11 | 182 | $685,000 | - | Expired |
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Property Description
A marvelous investment opportunity offers a Work & Live opportunity in Hamilton. Residential property with 2 lots (Lot 176 & 177 together), M6 Zoning, adjacent Garage lot with M6 commercial zoning good for over 50 commercial businesses besides the residential property, 8 bedrooms, finished basement with separate entrance, 2.5 kitchens, 4.5 baths, Great rental potential residential & commercial, low taxes, the rental potential between $6800 - $7500/month. The front and back are all concrete, 2 sturdy garden sheds in the rear, Must see it in person before it goes. The Garage, front, and adjacent rear area are a commercial Zone M6 - dream for a community convenience store or a repair shop, close to all life needs, QEW/Redhill for Toronto/Niagara areas.
Extras
2.5 story, 8 bedrooms, 4.5 baths, Garage 2 and front 6 car parking. Many upgrades, New windows, Newer wirings, 200 amp, heated floor in the main ensuite bath. Front, back and sides all new concrete, Rear new concrete with 2 garden sheds.
Nearby Intersections
Barton & Gage (27)
Property Features
Beach, Fenced Yard, Hospital, Library, Marina, Park
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
50' x 100'
Fronting
West
Taxes
$2,889 (2023)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 30.51' x 11.25' | |
| Living | Main | 12.66' x 17.85' | |
| Br | Main | 10.24' x 12.76' | |
| Bathroom | Main | 9.58' x 17.42' | 4 Pc Bath |
| Laundry | Main | 8.01' x 11.15' | |
| Dining | Main | 9.25' x 14.17' | |
| Prim Bdrm | 2nd | 11.52' x 12.76' | |
| 2nd Br | 2nd | 10.40' x 10.99' | |
| 3rd Br | 2nd | 6.50' x 8.33' | 4 Pc Bath |
| 4th Br | 2nd | 10.50' x 11.68' | |
| Br | 2nd | 12.01' x 12.50' |
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Similar Listings
Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
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