Hamilton L8M 2K1 Ontario
MLS: X11957411
Added 19 days ago | For Sale
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.
| Rooms | Dimensions | Description |
|---|
| Community | Average Price | Difference | Avg Days On Market |
|---|---|---|---|
| Strathcona | $470,000 |
-16.36%
|
27 |
| Homeside | $477,869 |
-14.45%
|
30 |
| Blakeley | $499,000 |
-9.60%
|
6 |
| Stipley | $503,000 |
-8.73%
|
43 |
| Industrial Sector | $509,544 |
-7.33%
|
46 |
| Parkview | $514,278 |
-6.35%
|
33 |
| Raleigh | $535,083 |
-2.21%
|
17 |
| McQuesten | $535,975 |
-2.04%
|
20 |
| Landsdale | $546,713 |
-0.04%
|
34 |
| Gibson | $546,909 | Selected | 35 |
| Crown Point | $555,033 |
1.46%
|
43 |
| Corktown | $557,000 |
1.81%
|
63 |
| Normanhurst | $581,375 |
5.93%
|
13 |
| Glenview | $600,000 |
8.85%
|
58 |
| North End | $601,450 |
9.07%
|
16 |
| Inch Park | $605,222 |
9.63%
|
45 |
| Rosedale | $608,843 |
10.17%
|
16 |
| Stinson | $609,050 |
10.20%
|
27 |
| Hill Park | $618,750 |
11.61%
|
36 |
| Stoney Creek Industrial | $625,000 |
12.49%
|
95 |
| Eastmount | $626,613 |
12.72%
|
39 |
| Macassa | $628,500 |
12.98%
|
45 |
| Central | $644,750 |
15.18%
|
35 |
| Bruleville | $645,000 |
15.21%
|
19 |
| Centremount | $673,750 |
18.83%
|
7 |
| Hampton Heights | $675,982 |
19.09%
|
43 |
| Burkholme | $677,750 |
19.31%
|
51 |
| Vincent | $680,000 |
19.57%
|
7 |
| Bartonville | $680,500 |
19.63%
|
17 |
| Thorner | $682,500 |
19.87%
|
115 |
| Red Hill | $701,667 |
22.06%
|
30 |
| Berrisfield | $712,875 |
23.28%
|
66 |
| Gilkson | $713,000 |
23.29%
|
77 |
| St. Clair | $713,000 |
23.29%
|
13 |
| Huntington | $716,500 |
23.67%
|
41 |
| Bonnington | $719,000 |
23.93%
|
48 |
| Cootes Paradise | $724,167 |
24.48%
|
9 |
| Buchanan | $732,929 |
25.38%
|
26 |
| Corman | $743,667 |
26.46%
|
57 |
| Winona | $750,000 |
27.08%
|
135 |
| Sunninghill | $750,583 |
27.14%
|
60 |
| Kernighan | $755,000 |
27.56%
|
91 |
| Mountview | $770,000 |
28.97%
|
71 |
| Delta | $770,857 |
29.05%
|
17 |
| Kentley | $773,200 |
29.27%
|
53 |
| Balfour | $774,167 |
29.36%
|
36 |
| Sherwood | $780,000 |
29.88%
|
56 |
| Westcliffe | $781,875 |
30.05%
|
46 |
| Rolston | $788,335 |
30.62%
|
11 |
| Ainslie Wood | $801,650 |
31.78%
|
30 |
| Chappel | $804,501 |
32.02%
|
100 |
| Mount Hope | $824,167 |
33.64%
|
61 |
| Riverdale | $828,067 |
33.95%
|
23 |
| Broughton | $832,500 |
34.31%
|
41 |
| Allison | $840,500 |
34.93%
|
62 |
| Southam | $850,000 |
35.66%
|
48 |
| Kirkendall | $853,572 |
35.93%
|
50 |
| Randall | $855,000 |
36.03%
|
33 |
| Gilbert | $862,500 |
36.59%
|
33 |
| Stoney Creek | $867,839 |
36.98%
|
42 |
| Freelton | $869,000 |
37.06%
|
110 |
| Fessenden | $870,000 |
37.14%
|
39 |
| Jerome | $870,667 |
37.19%
|
51 |
| Quinndale | $871,722 |
37.26%
|
34 |
| Confederation Park | $875,500 |
37.53%
|
41 |
| Westdale | $877,286 |
37.66%
|
16 |
| Eleanor | $893,750 |
38.81%
|
26 |
| Greeningdon | $894,000 |
38.82%
|
13 |
| Greenford | $898,333 |
39.12%
|
10 |
| Barnstown | $904,000 |
39.50%
|
46 |
| Durand | $911,250 |
39.98%
|
43 |
| Gourley | $915,000 |
40.23%
|
52 |
| Templemead | $932,000 |
41.32%
|
46 |
| Falkirk | $935,000 |
41.51%
|
16 |
| Rushdale | $935,000 |
41.51%
|
19 |
| Binbrook | $947,214 |
42.26%
|
34 |
| Villages of Glancaster | $953,833 |
42.66%
|
33 |
| Gershome | $980,000 |
44.19%
|
24 |
| Kennedy | $1,000,000 |
45.31%
|
9 |
| Gurnett | $1,007,500 |
45.72%
|
94 |
| Stoney Creek Mountain | $1,038,769 |
47.35%
|
52 |
| Carpenter | $1,063,500 |
48.57%
|
42 |
| Hannon | $1,067,500 |
48.77%
|
17 |
| Trenholme | $1,070,000 |
48.89%
|
56 |
| Rural Glanbrook | $1,071,611 |
48.96%
|
70 |
| Lisgar | $1,071,667 |
48.97%
|
6 |
| Crerar | $1,113,750 |
50.89%
|
60 |
| Airport Employment Area | $1,127,500 |
51.49%
|
62 |
| Dundas | $1,129,710 |
51.59%
|
27 |
| Winona Park | $1,171,667 |
53.32%
|
50 |
| Pleasant View | $1,200,000 |
54.42%
|
35 |
| Ancaster | $1,281,750 |
57.33%
|
54 |
| Meadowlands | $1,290,729 |
57.63%
|
31 |
| Waterdown | $1,344,773 |
59.33%
|
39 |
| Rural Flamborough | $1,554,864 |
64.83%
|
148 |
| Carlisle | $1,600,003 |
65.82%
|
45 |
| Lakeshore | $2,287,500 |
76.09%
|
97 |
| Rural Ancaster | $2,293,750 |
76.16%
|
54 |
| School Name | Distance |
|---|---|
| Adelaide Hoodless Public School | 0.66km |
| Cathy Wever Elementary Public School | 0.86km |
| St. Ann (Hamilton) Catholic Elementary School | 0.86km |
| Prince of Wales Elementary Public School | 0.89km |
| Cathedral High School | 0.95km |
| ÉÉC Notre-Dame | 1.04km |
| St. Patrick Catholic Elementary School | 1.08km |
| Sacred Heart of Jesus Catholic Elementary School | 1.09km |
| Bernie Custis Secondary School Secondary School | 1.26km |
| George L Armstrong Public School | 1.41km |
| Rebecca Street Alternative Education Secondary School | 1.54km |
| Dr. J. Edgar Davey Elementary Public School | 1.66km |
| Holy Name of Jesus Catholic Elementary School | 1.69km |
| Queen Victoria Elementary Public School | 1.86km |
