27 Grove Street, Hamilton | Image 1

27 Grove Street

Hamilton, Corktown

  • 2 bed 3 bath
$879,900 est.*: $2,981/mo
For Sale

Added 1 month ago

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  • Type: Triplex

  • Style: 2-Storey

  • Lot Size: 20 x 92 Feet

  • Age: 100+ years

  • Taxes: $4,129 per year

  • Added: Sep 17, 2024 (1 month ago)

  • Updated:

  • Last Checked: 11 hours ago

  • MLS®#: X9354370

  • Listed By: Revel realty inc.

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!

Extras

Carpet Free, Separate Hydro Meters

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2-Storey

  • Age: 100+

  • Area: Hamilton

  • Community: Corktown

  • Availability Date: Flexible

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 1

  • Bathrooms: 3

  • Kitchens: 2

  • Kitchens Plus: 1

  • Rooms: 7

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Washrooms: 3

Building

  • Basement: Apartment

  • Basement 2: Fin W/O

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Lane

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: UNIT 9, LEVEL 8, WENTWORTH STANDARD CONDOMINIUM PLAN NO. 382 AND

  • Taxes: $4,129

Highlights

  • Feature: Hospital

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Wellington St S

  • Municipality District: Hamilton

  • Fronting On: North

  • Parcel Number: 171690182

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 92 Feet

  • Lot Frontage: 20 Feet

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Walker's Paradise

  • Daily errands do not require a car.
94 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
83 /100

Very Bikeable

  • Most errands can be accomplished on bike.
82 /100
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.49 km
JK-5

Central Junior Public School

Elementary: Public
1.14 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

George L Armstrong Public School

Elementary: Public
1.12 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.79 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
0.44 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.54 km
9-12

Turning Point School

Secondary: Public
0.82 km
9-12

Vincent Massey/James Street

Secondary: Public
3.22 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
1.71 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.49 km
9-12

Cathedral High School

Secondary: Catholic
0.55 km
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