85 Catherine St N

Beasley, Hamilton, L8R 1J3
FOR SALE
$679,900
Terminated
$0
85  Catherine St N, Hamilton
85  Catherine St N
85  Catherine St N
85  Catherine St N
85  Catherine St N
85  Catherine St N
85  Catherine St N
4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
6 + 3
ROOMS
X4533622
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-07-31 2019-10-05 66 $679,900 - Terminated
Property Description
Attention Investors! Rare Opportunity, Triplex Double Lot And Parking, Zoned D1 Per Hamilton Security.Plan. Steps To Jackson Square, Farmers Market, James Street, North/King William Restaurant Row And Art District, New John-Rebecca Urban Park (Under Construction), Go And Public Transit. 3Rd Unit In Basement Gutted And Ready For Finishing. Potential For Redevelopment And Increased Density With Approximately 100K Plus In Development Charges And Parkland Credit.
Extras
Interboard Listing: Realtors Association Of Hamilton-Burlington**Pt Lt 4 Nathaniel Hughson Survey (Unregistered) With S Catharine St As In Ab331731; Pt Lt 5 Nathaniel Hughson Survey (Unregistered) S/With Angle Of Catharine St & Wilson St As In Cd
Property Details
Community
Property Type
Triplex, 2-Storey
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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!
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