97 Garfield Avenue South, Hamilton | Image 1

97 Garfield Avenue South

Hamilton, Stipley

  • Commercial

$825,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: c

  • Age: 100+ years

  • Taxes: 4100

  • MLS®#: X11970582

  • Added: Feb 12, 2025 (1 week ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ROYAL LEPAGE YOUR COMMUNITY REALTY

Outstanding investment opportunity in Hamilton's growing Stipley market! This fully tenanted 2.5-storybrick duplex demonstrates strong rental performance with proven income potential. Currently generating$4,212 monthly revenue ($2,116 main floor, $2,101 upper unit), both units secured with quality tenants.Recent capital improvements include 2018 AC installations in both units, energy-efficient LED lightingthroughout, and a widened driveway accommodating two vehicles. Separate entrances and individual laundryfacilities. With its prime location near Main St E and extensive renovations, this turnkey propertyoffers immediate cash flow and strong appreciation potential in Hamilton's expanding real estate market.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Hamilton

  • Community: Stipley

  • Availability Date: Flexible

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 31, PL 304 , AS IN VM207104, S/T & T/W VM432

  • Taxes: $4,100

  • Taxes Type: Annual

Land

  • Cross Street: Main St E

  • Municipality District: Hamilton

  • Parcel Number: 172090034

  • Sewer: None

  • Lot Depth: 100 Feet

  • Lot Frontage: 25 Feet

  • Zoning: c

Commercial Specific

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: N

  • LLBO: N

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Somewhat Walkable

  • Some errands can be accomplished on foot.
61 /100

Good Transit

  • Some errands can be accomplished by public transportation.
60 /100

Very Bikeable

  • Most errands can be accomplished on bike.
72 /100
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
0.72 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
0.82 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.31 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
1.19 km
JK-8

Prince of Wales Elementary Public School

Elementary: Public
0.65 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.95 km
9-12

Turning Point School

Secondary: Public
2.67 km
9-12

Vincent Massey/James Street

Secondary: Public
2.59 km
9-12

Delta Secondary School

Secondary: Public
2.14 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.59 km
9-12

Cathedral High School

Secondary: Catholic
1.35 km
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