Rare opportunity to own this newly renovated three unit home in Hamilton Centre with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement which could bring an additional income of $1,500 per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood. (id:47421)
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Detailed Information
Bathrooms
3
Lot
43 x 105 ft
Amenities Nearby
Hospital, Place of Worship, Public Transit
Features
Paved driveway
Listing Contract Date
2025-02-03
Location Description
Main St E
Ownership Type
Freehold
# of Parking Spaces
7
Property Type
Single Family
Structures
Porch
Transaction Type
For sale
Zoning Description
RES
Building
Appliances
Garage door opener
Architectural Style
3 Level
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick Veneer, Shingles
Foundation Type
Block
Heating Type
Forced air
Stories Total
3
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Second level
Measurements not available
3pc Bathroom
Third level
Measurements not available
Laundry room
Basement
Measurements not available
3pc Bathroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Hospital, Place of Worship, Public Transit
Sewer
Municipal sewage system
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