172 Markland Street, Hamilton | Image 1

172 Markland Street

Hamilton, Durand

  • 8 bed 6 bath
$1,749,900 est.*: $5,928/mo
For Sale

Added 1 month ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 56.29 x 74 Feet

  • Age: No Data

  • Taxes: $10,034 per year

  • Days on Site: 35 Days

  • Added: Oct 30, 2024 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • MLS®#: X9769043

  • Listed By: Re/max garden city realty inc, brokerage

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Hamilton

  • Community: Durand

  • Availability Date: Immediate

Inside

  • Bedrooms: 8

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 10

  • Den/Family Room: No

  • Air Conditioning: Other

  • Fireplace: No

  • Washrooms: 6

Building

  • Basement: Part Bsmt

  • Basement 2: Part Fin

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Stucco/Plaster

  • Exterior: Wood

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Mutual

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN 256 PT. LOTS 41 & 42

  • Taxes: $10,034

Land

  • Cross Street: AT N/E Corner of Mar

  • Municipality District: Hamilton

  • Fronting On: North

  • Parcel Number: 171350222

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 74 Feet

  • Lot Frontage: 56.29 Feet

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Very Walkable

  • Most errands can be accomplished on foot.
88 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
76 /100

Very Bikeable

  • Most errands can be accomplished on bike.
85 /100
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Map of 172 Markland Street, Hamilton
JK-5

Central Junior Public School

Elementary: Public
0.69 km
JK-8

Queensdale School

Elementary: Public
1.16 km
6-8

Ryerson Middle School

Elementary: Public
0.35 km
JK-8

St. Joseph Catholic Elementary School

Elementary: Catholic
0.57 km
JK-5

Earl Kitchener Junior Public School

Elementary: Public
0.97 km
JK-8

Sts. Peter and Paul Catholic Elementary School

Elementary: Catholic
1.49 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.77 km
9-12

Turning Point School

Secondary: Public
0.95 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
2.08 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
1.45 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.38 km
Pre-Grade 9-12

Westdale Secondary School

Secondary: Public
1.94 km

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