$879,900
FOR SALE

Triplex 2-Storey

Bedrooms: 2+1Bathrooms: 3Lot: 20 x 92 ft
2024 Taxes: $4,129.34

27 Grove St
Hamilton, ON L8N 1P4 | Corktown

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!
Extras
Carpet Free, Separate Hydro Meters
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Listed By REVEL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9354370
Last Updated Sep 17, 2024
Property Summary
Property Type Triplex

More like this:
PIN 171690182
Legal Description UNIT 9, LEVEL 8, WENTWORTH STANDARD CONDOMINIUM PLAN NO. 382 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : LTS 102,103,119 & PT LT 120, PL 1431 (GEORGE HAMILTON SURVEY) BEING PTS 1,2 & 3, 62R16904, CITY OF HAMILTON
Possession Date Flexible
Taxes (2024) $4,129.34
Directions/Cross Streets Wellington St S
Neighbourhood Corktown
Area Hamilton
Price History

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Detailed Information
Fronting On N
Property Features Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Special Designations Unknown
Bedrooms 2+1
Bathrooms 3
Rooms 7
Kitchens 2+1
Lot 20 x 92 ft
Approximate Age 100+
Exterior Brick
Air Conditioning Window Unit
Family Room N
Fireplace/Stove N
Pool None
Basement Apartment, Fin W/O
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 2
Total Parking Spaces 2.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Bathrooms
Pieces Level
4Main
4Bsmt
42nd

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