$1,100,000Asking Price
Incredible investment opportunity in the desirable Leckie Park/Highland neighbourhood of Stoney Creek! This spacious 6-bedroom, 2-bathroom home sits on a large 77 x 132 ft R1-zoned lot, offering significant development potential. Possibility to sever the lot, explore future multi-unit development, or utilize the property under the CMHC MLI Select program for up to five units (buyer to verify). The garage and basement offer conversion potential for an additional dwelling unit. Currently occupied with strong rental income: Unit 1: $2,562.50/month (increasing Aug 1 by 2.5%) Unit 2: $2,626.56/month. Ideal for investors seeking cash flow with upside, or developers ready to unlock the lands full potential. Convenient location near schools, parks, amenities, and major routes. Full tenant details available upon request.
Incredible investment opportunity in the desirable Leckie Park/Highland neighbourhood of Stoney Creek! This spacious 6-bedroom, 2-bathroom home sits on a large 77 x 132 ft R1-zoned lot, offering significant development potential. Possibility to sever the lot, explore future multi-unit development, or utilize the property under the CMHC MLI Select program for up to five units (buyer to verify). The garage and basement offer conversion potential for an additional dwelling unit. Currently occupied with strong rental income: Unit 1: $2,562.50/month (increasing Aug 1 by 2.5%) Unit 2: $2,626.56/month. Ideal for investors seeking cash flow with upside, or developers ready to unlock the lands full potential. Convenient location near schools, parks, amenities, and major routes. Full tenant details available upon request.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 12.83' x 11.91' | |
2 | Kitchen | Main | 19.42' x 9.91' | |
2 4-Piece Bathrooms |
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Stoney Creek Mountain, Hamilton is a west GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 25 to 49.
Kids Per Family
1.4
kids per family
in the neighbourhood.
40%
of residents are
single and loving it.
40% singles
Hamilton (46%)
13%
of residents
are renters.
13% renters
Hamilton (32%)
27%
of residents are
university grads.
27% university grads
Hamilton (28%)Average Household Income
$126K
is the average household
income in the neighbourhood.
Professions
Sales | 15% |
Trades | 11% |
Business | 10% |
Government | 10% |
Management | 7% |
25%
of residents were
born outside of Canada.
25% immigrants
Hamilton (25%)3.3% from India
All-time
1.5% from India
Recent
Foreign Languages
Punjabi | 3% |
Serbian | 3% |
Italian | 3% |
Polish | 3% |
Arabic | 2% |
Religions
Christian | 72% |
Muslim | 8% |
Hindu | 2% |
Sikh | 1% |