$1,349,000Asking Price
8 Banff Drive, Hamilton, ON L8T 3B5
Berrisfield, Hamilton
VTB opportunity available! Turnkey investment or house hacking opportunity! This 3-unit property includes a legal duplex and a detached garden suite, generating over $7,000/month in rental income. Fully renovated in 2023 with quality craftsmanship, each unit offers its own driveway parking, in-unit laundry, privately fenced backyard, tankless water heater and separate water meter. The spacious main unit spans three levels, featuring 4 bedrooms, 2.5 bathrooms, and a primary suite with a walk-in closet, ensuite with a soaker tub and double sinks, and a large private balcony. The basement studio is bright and inviting, with oversized windows and an electric fireplace. Completing the property, the garden suite offers 2 bedrooms and 1.5 bathrooms, making this an exceptional income-generating opportunity! Located on the Hamilton Mountain is a family-friendly neighbourhood, just a walks away from amenities, parks and schools.
VTB opportunity available! Turnkey investment or house hacking opportunity! This 3-unit property includes a legal duplex and a detached garden suite, generating over $7,000/month in rental income. Fully renovated in 2023 with quality craftsmanship, each unit offers its own driveway parking, in-unit laundry, privately fenced backyard, tankless water heater and separate water meter. The spacious main unit spans three levels, featuring 4 bedrooms, 2.5 bathrooms, and a primary suite with a walk-in closet, ensuite with a soaker tub and double sinks, and a large private balcony. The basement studio is bright and inviting, with oversized windows and an electric fireplace. Completing the property, the garden suite offers 2 bedrooms and 1.5 bathrooms, making this an exceptional income-generating opportunity! Located on the Hamilton Mountain is a family-friendly neighbourhood, just a walks away from amenities, parks and schools.
See MoreKey Info
- Other Triplex
- 3 Parking
- No Garage
- Banff Drive & Muir Ave
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,400 in 2024
- Possession: Immediate
Details
- Brick/Vinyl Siding Exterior
- Fireplace
- 3 + 1 Kitchens
- MLS #X12052379
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 2-Piece Bathrooms on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 5-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Berrisfield, Hamilton is a west GTA neighbourhood notable for its singles, renters, business and health professionals and salespeople. 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 44.
Families
Kids Per Family
1.4
kids per family
in the neighbourhood.
Singles
48%
of residents are
single and loving it.
48% singles
Hamilton (46%)Renters
36%
of residents
are renters.
36% renters
Hamilton (32%)Education
15%
of residents are
university grads.
15% university grads
Hamilton (28%)Income
Average Household Income
$93K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 8% |
| Health | 7% |
| Government | 6% |
Immigrants
22%
of residents were
born outside of Canada.
22% immigrants
Hamilton (25%)Birthplace - All
2.6% from UK
All-time
Birthplace - Recent
0.6% from Iraq
Recent
Foreign Languages
Foreign Languages
| Arabic | 3% |
| Tagalog | 2% |
| French | 1% |
| Italian | 1% |
| Spanish | 1% |
Religions
Religions
| Christian | 62% |
| Muslim | 8% |
