Added 3 weeks ago
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Type: Detached
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Style: 2 1/2 Storey
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Size: 2000 sqft
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Lot Size: 43 x 105 Feet
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Age: 51-99 years
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Taxes: $5,253 per year
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Added: Feb 05, 2025 (3 weeks ago)
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Updated:
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Last Checked: 4 hours ago
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MLS®#: X11957411
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Listed By: Re/max aboutowne realty corp.
Rare opportunity to own this newly renovated three unit home in Hamilton Centre with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood.
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Property
Status: Sale
Property Type: Detached
Style: 2 1/2 Storey
Size (sq ft): 2000
Age: 51-99
Area: Hamilton
Community: Gibson
Availability Date: immediate
Inside
Bedrooms: 2
Bedrooms Plus: 2
Bathrooms: 3
Kitchens: 1
Kitchens Plus: 1
Rooms: 5
Den/Family Room: Yes
Air Conditioning: Other
Fireplace: No
Laundry Level: Lower
Central Vacuum: N
Washrooms: 3
Building
Basement: Full
Basement 2: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Spaces: 2
Garage Type: Detached
Covered Parking Spaces: 5
Total Parking Spaces: 7
Fees
Tax Year: 2024
Tax Legal Description: Pt Lt 34, Pl 399 ; Pt Residence Reserve, Pl 399 ,
Taxes: $5,253
Land
Cross Street: Main St E
Municipality District: Hamilton
Fronting On: East
Parcel Number: 172020067
Pool: None
Sewer: Sewers
Lot Depth: 105 Feet
Lot Frontage: 43 Feet
Zoning: RES
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Sacred Heart of Jesus Catholic Elementary School
Elementary: CatholicÉÉC Notre-Dame
Elementary: CatholicSt. Brigid Catholic Elementary School
Elementary: CatholicSt. Ann (Hamilton) Catholic Elementary School
Elementary: CatholicAdelaide Hoodless Public School
Elementary: PublicCathy Wever Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicVincent Massey/James Street
Secondary: PublicDelta Secondary School
Secondary: PublicSherwood Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic-
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