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$1,175,000
Status: For Sale
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!
| Property Type | :Residential |
|---|---|
| MLS Number | :X9038471 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :15 Jul, 2024 (131 Days ago) |
| Source | :TRREB |
| Area | :Hamilton |
|---|---|
| Community | : Strathcona |
| Postal Code | :
L8R 2Z7
|
| Price | : $1,175,000 |
|---|---|
| Property Taxes | :$5012.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :3 + 2 |
|---|---|
| No. of Rooms | :7 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :York Blvd & Crooks St. |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :2000-2500 sqft |
| Kitchen | :2.97 m x 4.29 m |
|---|---|
| Prim Bdrm | :4.29 m x 2.87 m |
| Bathroom | :1.88 m x 2.97 m |
| 3rd Br | :4.98 m x 3.35 m |
| Kitchen | :2.69 m x 4.85 m |
| 5th Br | :2.24 m x 5.97 m |
| Family | :4.01 m x 4.42 m |
|---|---|
| 2nd Br | :3.66 m x 4.50 m |
| Kitchen | :3.02 m x 2.51 m |
| Bathroom | :3.02 m x 1.70 m |
| 4th Br | :2.67 m x 4.50 m |
| Bathroom | :1.50 m x 3.53 m |
| Exterior Finish | :Alum Siding, Brick |
|---|---|
| Parking Space | :10 |
| Basement | :Finished |
| Garage | :Detached |
|---|---|
| Laundry Level | :Main |
| Park | :Park |
| Library | :Library |
15 Jul, 2024
TREB #X9038471
Listed
$1175000.0
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