Added 1 month ago
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Type: Triplex
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Style: 1 1/2 Storey
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Lot Size: 50.07 x 125.2 Feet
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Age: No Data
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Taxes: $3,900 per year
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Days on Site: 1 Days
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Added: Sep 09, 2024 (1 month ago)
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Updated:
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Last Checked: 4 hours ago
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MLS®#: X9308850
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Listed By: Royal lepage burloak real estate services
Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing.
Extras
NOI between $87,764 - $95,516
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Triplex
Style: 1 1/2 Storey
Area: Hamilton
Community: Eastmount
Availability Date: Flex
Assessment Amount: $294,000
Assessment Year: 2024
Inside
Bedrooms: 7
Bathrooms: 4
Kitchens: 3
Rooms: 19
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: No
Washrooms: 4
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Vinyl Siding
Elevator: N
Energy Certificate: N
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: LT 17, PL 361 ; HAMILTON
Taxes: $3,900
Land
Cross Street: Concession St & View
Municipality District: Hamilton
Fronting On: West
Parcel Number: 171150329
Pool: None
Sewer: Sewers
Lot Depth: 125.2 Feet
Lot Frontage: 50.07 Feet
Additional Media
- Virtual Tour: https://media.otbxair.com/view/?s=1525125&nohit=1
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Somewhat Bikeable
- Most errands require a car.
Sacred Heart of Jesus Catholic Elementary School
Elementary: CatholicÉÉC Notre-Dame
Elementary: CatholicSt. Patrick Catholic Elementary School
Elementary: CatholicBlessed Sacrament Catholic Elementary School
Elementary: CatholicAdelaide Hoodless Public School
Elementary: PublicGeorge L Armstrong Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicVincent Massey/James Street
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicNora Henderson Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic-
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452-454 Upper Wellington Street, Hamilton, Ontario • L9A 3P4 • Inch Park
