3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suite laundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent! (68113041)
North on Sherman Avenue from Main Street East, property on west side between Dunsmure Road and Vineland Avenue
Property Type
Single Family
Subdivision Name
200 - Gibson/Stipley
Annual Property Taxes
$4,868.16 (CAD)
Time on REALTOR.ca
8 days
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