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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. Don’t miss out on this exceptional investment opportunity!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40619354 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (58 Days ago) |
| Source | :Oakville |
| Area | :Hamilton |
|---|---|
| Community | : Strathcona |
| City | :Hamilton |
| Area Major | :10 - Hamilton West |
| Area Minor | :101 - Strathcona Central North |
| Postal Code | :
L8R 2Z7
|
| Directions | :York Blvd & Crooks St. |
| Price | : $1,175,000 |
|---|---|
| Property Taxes | :$4383.27 |
| Tax Year | :2022 |
|---|
| Bedrooms | :5 + |
|---|---|
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :York Blvd |
| Bathrooms | :2 |
|---|---|
| Approx Square Footage | :1747 sqft |
16 Jul, 2024
TREB #40619354
Listed
$1175000
