Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$480 - $600
Taxes
$3,302 (2025)
Parking Type
-
Style
2-Storey
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Description
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
Broker: REVEL REALTY INC.
MLS®#: X12061198
Property details
Parking:
6
Parking type:
-
Property type:
Detached
Heating type:
Radiant
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
60 Ft
Lot depth:
123 Ft
Listed on:
Apr 4, 2025
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Instant estimate:
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$69,622
lower than listed pricei
High
$1,181,146
Mid
$1,130,278
Low
$1,077,912
1/47
$1,059,000
4 days
4+2BD
4BA
6 Parking
2,000-2,500 sqft
MLS#: X12093820
HOMELIFE PROFESSIONALS REALTY INC.
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1/46
$1,099,000
51 days
4+2BD
4BA
5 Parking
2,000-2,500 sqft
MLS#: X12002363
RE/MAX ESCARPMENT REALTY INC.