43 Crooks Street, Hamilton | Image 1

43 Crooks Street

Hamilton, Strathcona

  • Commercial

$1,125,000
For Sale

Added 1 day ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: D

  • Age: 51-99 years

  • Taxes: 5012

  • MLS®#: X11933956

  • Days on Site: 1 Days

  • Added: Jan 20, 2025 (1 day ago)

  • Updated:

  • Last Checked: 44 minutes ago

  • Listed By: RE/MAX ABOUTOWNE REALTY CORP.

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 51-99

  • Area: Hamilton

  • Community: Strathcona

  • Availability Date: immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Double Detached

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 16, PL 284; HAMILTON

  • Taxes: $5,012

  • Taxes Type: Annual

Land

  • Cross Street: York Blvd & Crooks S

  • Municipality District: Hamilton

  • Parcel Number: 171480085

  • Lot Depth: 109 Feet

  • Lot Frontage: 50 Feet

  • Zoning: D

Commercial Specific

  • Total Area: 1747

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

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Map of 43 Crooks Street, Hamilton
7-8

École élémentaire Georges-P-Vanier

Elementary: Public
1.14 km
JK-5

Strathcona Junior Public School

Elementary: Public
0.43 km
JK-5

Central Junior Public School

Elementary: Public
1.43 km
JK-8

Hess Street Junior Public School

Elementary: Public
0.50 km
6-8

Ryerson Middle School

Elementary: Public
1.48 km
JK-8

St. Joseph Catholic Elementary School

Elementary: Catholic
1.64 km
9-12

King William Alter Ed Secondary School

Secondary: Public
2.01 km
9-12

Turning Point School

Secondary: Public
1.60 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
1.14 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
3.17 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
0.83 km
Pre-Grade 9-12

Westdale Secondary School

Secondary: Public
1.82 km
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