39 Sherman Ave S

Welcome to 259 John Street South, a charming 2.5 storey all-brick home nestled in the heart of CORKTOWN, right across from St. Joseph's Hospital. This legal triplex offers an opportunity in Hamilton's trendy neighborhood. Conveniently located near amenities and transport, it features 4 units: a basement 1-bed, 1-bath unit; a main floor 1-bed, 1-bath unit with high ceilings; a second-floor 3-bed, 1-bath unit, currently rented by room; and an upper-level 1-bed, 1-bath unit. With its prime location and diverse layout, it's perfect for investment or creating your dream home.this property presents endless possibilities. Whether you're looking for a savvy investment opportunity or seeking to create your dream home in the heart of the city, 259 John Street South offers the perfect blend of location, potential, and charm.

Incredible Investment Opportunity In Central Hamilton With A Turnkey Legal Non-Conforming Duplex Operating As A Triplex For Over 30 Years, Now With Potential To Add A Laneway Suite. Nestled On A Picturesque Tree-Lined Street Directly Across From St. Brigid School. Professionally Waterproofed, Upgraded Electrical, And All Units Have Been Tastefully Updated. Additionally, There?s A Detached Workshop With Electricity, Perfect For Hobbyists Or Additional Storage. Over 3,000 Sq Ft Of Living Space Across Three Units: An Approx 1,000 Sq Ft Main Floor 2 Bed Unit, An Approx 1,500 Sq Ft Upper 3 Bed Unit Including A Loft With, And A Cozy Approx 725 Sq Ft Lower 1 Bed Unit. Very Rare - Each Unit Has Its Own Laundry For Utmost Convenience. No Carpeting In Any Of The Units Ensures Ease Of Maintenance. High-Efficiency Forced Air Gas Furnace Installed In 2018, Two 100A Breaker Panels Updated In 2014. Parking Is Ample, With A Front 2 Car Driveway And Additional Space At The Rear. Main Floor Unit Currently Vacant, Offering Potential Rental Income Of $2,200/Month, Upper And Lower Units Are Tenant-Occupied, Bringing In $1,590/Month Plus Hydro And $922.50 /Month Inclusive, Respectively. Tenants Are Month To Month. Easy Access To Local Amenities, Schools, And Public Transportation. Please Note, The Seller Does Not Warrant The Retro-Fit Status Of The Property. Seize This Unique Opportunity To Own A Versatile Property With Excellent Income And The Chance To Further Develop, Or Purchase As A Mortgage Helper.