133 Markland Street, Hamilton | Image 1

133 Markland Street

Hamilton, Durand

  • Commercial

$1,210,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: D

  • Age: No Data

  • Taxes: 8030

  • MLS®#: X10403323

  • Days on Site: 114 Days

  • Added: Jul 11, 2024 (3 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: RE/MAX Aboutowne Realty Corp., Brokerage

Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighborhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $49,838 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit that will be vacant on September 1st, with a rental potential of $2,300 per month. Unit 3: A cozy loft that generates $1,127.50 per month. Whether you choose to live in the second unit or rent it out for $2,300+ per month, you'll benefit from the property's prime location and its appeal to A+ professional tenants. Take the opportunity to finish the basement for an additional income for up to $1,600+ per month. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Situated within a short walk to the hospital, trendy Locke and James Streets, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Hamilton

  • Community: Durand

  • Availability Date: Immediate/F...

  • Assessment Amount: $566,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: Wall Unit

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 18, PL 87 , PARTS 2 & 3, 62R21644 SUBJECT TO AN EASEMEN

  • Taxes: $8,030

  • Insurance Fee: 1682

  • Hydro Expense: 2580

  • Heat Expenses: 1200

Land

  • Cross Street: From James St South

  • Municipality District: Hamilton

  • Parcel Number: 171350168

  • Sewer: Sewers

  • Lot Depth: 116.8 Feet

  • Lot Frontage: 23.68 Feet

  • Zoning: D

Commercial Specific

  • Total Area: 2300

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Public Transit

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