The multi-plex opportunity you were looking for is right here with a 6.8% cap rate! This unique property offers incredible versatility, featuring three separate units and many possibilities. Situated on a 79ft by 224ft lot, there are two separate residences plus a storage building. The upper-level of the main bungalow was renovated approximately 10 years ago. The open concept main floor has 4 bedrooms and 2 bath, the lower level is a newly renovated separate apartment with separate entrance, new kitchen, flooring, bathroom, and more. The two levels are currently rented together. Behind the main home is a separate two-bedroom coach house with separate address, completely renovated with new kitchen, windows, flooring, and bathroom. So much to offer with 2 owned ACs and furnaces, 3 sets of washers and dryers, 2 hydro, 2 gas, and 2 water meters. Plus, the added onsite storage with an oversized garden shed. All units are permitted and legal with separate entrances, kitchens, laundry, and parking. They offer completely separate living spaces great for multi-generational families, a pure investor, or an owner-occupied property with built-in onsite income.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Other
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
1100-1500
Lot Size:
<.50
Depth:
246'2½"75 m
Frontage:
78'7"24 m
Lot Shape:
Irregular
Direction Faces:
North
Bedrooms:
4+3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
5
Fractional Ownership:
No
Zoning:
R1
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
0
Foundation:
Concrete Block, Poured Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Other, Shed, Fence - Partial, Aux Residences
Parking Features:
Private
Parking Spaces:
15
Total Parking Spaces:
15.0
Family Room:
Yes
Possession Details:
30-59 days
Lot Irregularities:
5.24x246.72x52.51x26.26x223.89x69.93
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$606,000
Assessment Year:
2024
Development Charges Paid:
Unknown
Taxes:
$7,479.34 /
2024
Assessment:
$606,000.00 /
2024
Hamilton
Stoney Creek
Hamilton
Fenced Yard, Library, Place Of Worship, Park, Public Transit, School
In-Law Suite, Guest Accommodations, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter