Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
80 x 156 ft
Amenities Nearby
Hospital, Park, Public Transit
Community Features
Community Centre
Listing Contract Date
2026-02-24
Location Description
Between Limeridge & Upper Sherman
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Dryer, Stove, Washer, Refrigerator
Basement Development
Finished
Basement Features
Separate entrance
Basement Type
N/A (Finished), N/A, Full
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Loft
Second level
6.58 m x 3.05 m
Bedroom
Second level
4.34 m x 3.05 m
Utility room
Basement
Measurements not available
Recreational, Games room
Basement
7.37 m x 5.23 m
Bathroom
Basement
Measurements not available
Living room
Main level
3.43 m x 4.34 m
Kitchen
Main level
4.83 m x 3.45 m
Bathroom
Main level
Measurements not available
Primary Bedroom
Main level
4.32 m x 3.05 m
Bedroom
Main level
3.53 m x 3.53 m
Bedroom
Main level
3.12 m x 2.74 m
Parking Spaces
Name
Spaces
Attached Garage
Garage
Land
Total Size
80 x 156 FT
Amenities
Hospital, Park, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
80 x 156 FT
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