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Single Family For Sale in Hamilton, Ontario

Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities.With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment.Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest.Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! . **** EXTRAS **** Property to be vacant on closing, NOI between $87,764 - $95,516. (id:4069)
List Price $1,695,000
Property Type Single Family
Type of Dwelling Triplex
Area Ontario
Sub-Area Hamilton
Bedrooms 7
Bathrooms 4
Lot Size 50.07 x 125.2 FT Sq. Ft.
MLS® Number X8437850
Basement Area Full (Partially finished)
Postal Code L8V2S5
Site Influences Hospital, Place of Worship, Public Transit
Features Sump Pump
Amenities Separate Electricity Meters, Separate Heating Controls

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Tammy Phinney Team

Royal LePage Burloak Real Estate Services

2025 Maria Street Unit 4 Burlington Ontario L7R0G6

Office: 905-634-7755

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