Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 3
- Bathrooms
- 5





Property Snapshot
MLS #X13868472
Finished area and layout
Type, style and structure
This 3-bedroom, 5-bathroom att/row/townhouse in Hamilton offers 2,000-2,500 sqft of square feet on a 19 x 97.5 FT lot. 3 storeys. The property has zoned LMR-2. The home features central air, a full, development potential, separate entrance, unfinished basement. Highlights include a none pool.
$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, back water valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available. (id:60351)
Hunter St E and Walnut St S
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Land, frontage and setting
Price, taxes and monthly charges
Listed by GEORGE PALIOS, REAL BROKER ONTARIO LTD.
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Listed by GEORGE PALIOS, REAL BROKER ONTARIO LTD. · MLS# X13868472
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