$1,199,900Asking Price
171 Stone Church Road, Hamilton, ON L9B 1A8
Jerome, Hamilton
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!
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!
See MoreKey Info
- 2-Storey Detached
- 6-Car Driveway
- 3-Car Attached Garage
- Upper Wellington Strete
- 2000-2500 Approximate Sq Feet
- Finished Basement
- 1 Kitchen
- Radiant Gas Heating
- No A/C
Property
- Lot Size 60 x 123.8 Feet
- Brick Exterior
- Taxes were $3,302 in 2025
- Possession: Flexible
Details
- No Fireplace
- No Family Room
- Designation: Other
- Sewers
- Municipal Water
- MLS #X12061198
- REVEL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 9-Piece Bathrooms | |||
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Who lives here?
Jerome, Hamilton is a west GTA neighbourhood notable for its university grads, business and health professionals, salespeople and tradespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 40 to 54.
Families
Kids Per Family
1.7
kids per family
in the neighbourhood.
Singles
45%
of residents are
single and loving it.
45% singles
Hamilton (46%)Renters
21%
of residents
are renters.
21% renters
Hamilton (32%)Education
30%
of residents are
university grads.
30% university grads
Hamilton (28%)Income
Average Household Income
$128K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 18% |
| Trades | 10% |
| Business | 10% |
| Health | 9% |
| Management | 6% |
Immigrants
37%
of residents were
born outside of Canada.
37% immigrants
Hamilton (25%)Birthplace - All
4.5% from India
All-time
Birthplace - Recent
2.2% from Iraq
Recent
Foreign Languages
Foreign Languages
| Vietnamese | 4% |
| Arabic | 4% |
| Cantonese | 3% |
| Italian | 2% |
| Spanish | 2% |
Religions
Religions
| Christian | 65% |
| Hindu | 6% |
| Muslim | 5% |
| Buddhist | 5% |
