257 John St S

Welcome to 147 Elgin Sta prime investment opportunity in the heart of Hamiltons Lansdale/Beasley neighbourhood. This well-maintained triplex offers excellent income potential with three unique units: Main Floor: Spacious 3-bedroom, 2-bath unit with a walk-out deck. Second Floor: Bright 1-bedroom, 1-bath unit with a balcony overlooking downtown Hamilton and access to a third-floor attic space. Basement: Another well-appointed 1-bedroom, 1-bath unit. Shared laundry is conveniently accessible through the side entrance. Additionally, the property includes a detached two-story garage, currently rented separately, with the potential to be converted into a laneway suite. Don't miss out on this exceptional investment! Schedule a showing today!

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit atmarket rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!