7 Beds 5 Bath

87 Owen Place, Hamilton, ON L8G 2H3

Hamilton L8G 2H3 Ontario

MLS: X12258106

$1,699,900

Added 30 days ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC.

About Property

Custom-Built Legal Triplex Property with Oversized Garage & Exceptional Versatility! Welcome to 87 Owen Place a rare opportunity to own a beautifully designed custom triplex in a prime east Hamilton location, perfect for multi-generational living or savvy investors looking for a total turn-key property w/ strong rental income. This unique property features three spacious, self-contained units, each thoughtfully laid out with quality finishes and modern touches. The middle and lower units offer expansive living spaces ideal for larger families, while the upper unit serves as a perfect option for extended family, guests, or rental income. Each unit includes its own laundry, updated kitchens and bathrooms, and generous natural light throughout.But thats not all this property also boasts a massive detached second garage, perfect for hobbyists, tradespeople, or anyone needing ample storage, workshop space, or future development potential. Situated on a quiet street with mature trees and just minutes from Red Hill Valley Parkway, parks, schools, and shopping this property offers unmatched flexibility, space, and value.The extra Greenbrook lot and Garage building is one of the strongest features of the property as it has potential for future development be it subdivided or just renovated into a 1500 sq. ft. home on the same property. It has its own double wide driveway, is insulated, has a gas forced air furnace, electricity, and an attic fan for cooling. Currently, it is rented for $1,820 per month for storage, providing an excellent return on investment for a bonus building. Current NOI: $113,601.04

Features

  • House Style:Triplex
  • Bathrooms:5
  • Land Size: 72.65 X 112.16
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:King st/Owen place
  • Basement:Separate Entrance,Finished with Walk-Out , Separate Entrance,Finished with Walk-Out
  • Possession Date:Flexible
  • Annual Property taxes: $12036.98
  • Bedrooms:7
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12258106

Level Type Features Dimensions
Main Living Room 21 ft, 11 in x 23 ft, 4 in
Kitchen 12 ft, 2 in x 17 ft, 11 in
Bedroom 2 12 ft, 1 in x 14 ft, 1 in
Primary Bedroom Walk-In Closet(s) 18 ft, 4 in x 14 ft, 1 in
Bedroom 3 11 ft, 9 in x 17 ft, 7 in
Bathroom 4 Pc Ensuite 9 ft, 2 in x 4 ft, 11 in
Bathroom 4 Pc Bath 6 ft x 10 ft, 9 in
Second Kitchen 10 ft, 9 in x 9 ft, 5 in
Living Room 22 ft x 18 ft
Bathroom 4 Pc Bath 4 ft, 11 in x 9 ft, 1 in
Primary Bedroom 13 ft, 2 in x 12 ft, 1 in
Lower Kitchen 16 ft, 2 in x 8 ft, 4 in
Bedroom 2 9 ft, 9 in x 12 ft, 4 in
Primary Bedroom 16 ft, 5 in x 13 ft, 4 in
Bathroom 4 Pc Ensuite 10 ft, 5 in x 7 ft, 6 in
Bathroom 4 Pc Bath 6 ft, 10 in x 8 ft, 8 in
Bedroom 3 14 ft, 2 in x 11 ft, 9 in
Living Room 14 ft, 11 in x 18 ft, 4 in
Laundry 7 ft, 8 in x 8 ft, 8 in

No property rooms available.

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