Size
1605 sqft
Lot size
2400 sqft
Street frontage
-
Possession
-
Price per sqft
$421
Taxes
$4,928 (2024)
Parking Type
-
Style
Other
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Description
An exceptional investment opportunity awaits at 65 Aikman Avenue in Hamilton’s vibrant Gibson neighborhood. This legal duplex includes full architectural and mechanical drawings, approved minor variances, and transferable development charges, streamlining its conversion into a fourplex.With an open permit in place, investors can start renovations immediately upon closing, significantly reducing holding costs. Each unit features separate egresses, ensuring tenant safety and privacy. Parking is ample, with two front spots and two rear spots, including a detached garage off the laneway. Currently vacant, the duplex offers two spacious three-bedroom units, allowing for immediate transformation. Post-conversion, the estimated gross rental income is $5,800/month, with potential to reconfigure the layout for even greater returns. Situated in Gibson, a neighborhood known for its livability, affordability, and accessibility, residents enjoy proximity to schools, parks, transit, and local hotspots. A rare, value-add opportunity to maximize rental potential—don’t miss out!
Broker: Royal LePage Signature Realty
MLS®#: 40687868
Property details
Parking:
4
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
Other
MLS Size:
1605 sqft
Lot front:
24 Ft
Lot depth:
100 Ft
Listed on:
Jan 6, 2025
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