171 Stone Church Road East, Hamilton | Image 1

171 Stone Church Road East

Hamilton, Jerome

  • 16 bed 4 bath
$1,250,800 est.*: $4,237/mo
For Sale

Added 1 month ago

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  • Type: Detached

  • Style: 2-Storey

  • Lot Size: 60 x 123.8 Acres

  • Age: No Data

  • Taxes: $3,302 per year

  • Days on Site: 1 Days

  • Added: Mar 13, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • MLS®#: X12020886

  • Listed By: Revel realty inc.

INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 19th room!

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Area: Hamilton

  • Community: Jerome

  • Availability Date: Flexible

  • Assessment Amount: $390,000

  • Assessment Year: 2025

Inside

  • Bedrooms: 16

  • Bathrooms: 4

  • Kitchens: 1

  • Rooms: 21

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 4

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Other

Parking

  • Garage Spaces: 3

  • Garage Type: Attached

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 13 CON 7 BARTON, PART 6 ON 62R16272 ; HAMILTON

  • Taxes: $3,302

Land

  • Cross Street: Upper Wellington Str

  • Municipality District: Hamilton

  • Fronting On: South

  • Parcel Number: 169430507

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 123.8 Acres

  • Lot Frontage: 60 Acres

  • Zoning: R1

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Somewhat Walkable

  • Some errands can be accomplished on foot.
63 /100

Good Transit

  • Some errands can be accomplished by public transportation.
51 /100

Bikeable

  • Some errands can be accomplished on bike.
57 /100
Map of 171 Stone Church Road East, Hamilton
JK-8

St. John Paul II Catholic Elementary School

Elementary: Catholic
1.28 km
JK-8

Ridgemount Junior Public School

Elementary: Public
1.69 km
JK-8

Pauline Johnson Public School

Elementary: Public
1.47 km
JK-8

St. Marguerite d'Youville Catholic Elementary School

Elementary: Catholic
0.61 km
JK-8

St. Michael Catholic Elementary School

Elementary: Catholic
1.74 km
JK-8

Helen Detwiler Junior Elementary School

Elementary: Public
0.76 km
9-12

Vincent Massey/James Street

Secondary: Public
3.60 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
3.26 km
9-12

Nora Henderson Secondary School

Secondary: Public
3.34 km
Pre-Grade 9-12

Westmount Secondary School

Secondary: Public
2.29 km
9-12

St. Jean de Brebeuf Catholic Secondary School

Secondary: Catholic
1.65 km
9-12

St. Thomas More Catholic Secondary School

Secondary: Catholic
3.16 km

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