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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: C
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Age: No Data
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Taxes: 6649.66
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MLS®#: X10433554
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Added: Nov 21, 2024 (1 month ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: ROCK STAR REAL ESTATE INC.
Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Dont miss out-schedule your showing today!
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Area: Hamilton
Community: Stipley
Availability Date: 90+ Days
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Gas Forced Air Open
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 3
Fees
Tax Year: 2024
Taxes: $6,650
Taxes Type: Annual
Land
Cross Street: Main St E > Spadina
Municipality District: Hamilton
Parcel Number: 172080007
Lot Depth: 86.29 Feet
Lot Frontage: 32 Feet
Zoning: C
Additional Media
- Virtual Tour: https://unbranded.youriguide.com/95_spadina_ave_hamilton_on/
Commercial Specific
Total Area: 2750
Total Area Metric: Sq Ft
Lot Code: Building
ÉÉC Notre-Dame
Elementary: CatholicSt. Ann (Hamilton) Catholic Elementary School
Elementary: CatholicHoly Name of Jesus Catholic Elementary School
Elementary: CatholicAdelaide Hoodless Public School
Elementary: PublicCathy Wever Elementary Public School
Elementary: PublicPrince of Wales Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicVincent Massey/James Street
Secondary: PublicNora Henderson Secondary School
Secondary: PublicDelta Secondary School
Secondary: PublicSherwood Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic
