269 Montmorency Drive, Hamilton | Image 1

269 Montmorency Drive

Hamilton, Red Hill

  • Commercial

$779,900
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: C

  • Age: 51-99 years

  • Taxes: 4458

  • MLS®#: X8295196

  • Added: May 01, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ROCK STAR REAL ESTATE INC.

Discover a prime investment opportunity in the highly sought-after Red Hill and King's Forest neighbourhood of Hamilton, Ontario! This recently converted and legally registered duplex offers two beautifully renovated units, both currently tenanted by A++ occupants. Enjoy nearly $4,200 in monthly revenue, making this an ideal choice for investors. Alternatively, live in one unit and rent out the other for steady income. Looking to maximize your ROI? The expansive 50'x100' lot and detached garage present endless possibilities for additional revenue streams. Consider building a garden suite or renting out the garage for extra income. Don't miss out on this exceptional opportunity!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Hamilton

  • Community: Red Hill

  • Availability Date: Flexible

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 46-2, SEC M2 ; PT LT 46, PL M2 , PT 3 AND 10 WHR23 ; S/T LT1

  • Taxes: $4,458

  • Taxes Type: Annual

Land

  • Cross Street: Mt Albion St., North

  • Municipality District: Hamilton

  • Parcel Number: 171020288

  • Lot Depth: 100 Feet

  • Lot Frontage: 50 Feet

  • Zoning: C

Commercial Specific

  • Total Area: 1054

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Building Percent: 100

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Car-Dependent

  • Most errands require a car.
39 /100

Some Transit

  • Most errands require a car.
49 /100

Somewhat Bikeable

  • Almost all errands require a car.
24 /100
JK-5

Glen Echo Junior Public School

Elementary: Public
1.04 km
6-8

Glen Brae Middle School

Elementary: Public
1.11 km
JK-8

St. Luke Catholic Elementary School

Elementary: Catholic
0.57 km
JK-8

Elizabeth Bagshaw School

Elementary: Public
0.67 km
JK-8

Sir Wilfrid Laurier Public School

Elementary: Public
0.48 km
JK-8

St. Eugene Catholic Elementary School

Elementary: Catholic
1.35 km
9-12

ÉSAC Mère-Teresa

Secondary: Catholic
3.20 km
9-12

Delta Secondary School

Secondary: Public
2.86 km
Pre-Grade 9-12

Glendale Secondary School

Secondary: Public
0.88 km
Pre-Grade 9-12

Sir Winston Churchill Secondary School

Secondary: Public
1.80 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.75 km
9-12

Saltfleet High School

Secondary: Public
4.39 km
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