$699,900Asking Price
Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow!
Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow!
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 11.58' x 11.25' | |
2 | Bathroom | Main | 8.17' x 6.66' | 4-PieceBath |
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom |
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Raleigh, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Kids Per Family
0.9
kids per family
in the neighbourhood.
53%
of residents are
single and loving it.
53% singles
Hamilton (46%)
46%
of residents
are renters.
46% renters
Hamilton (32%)
18%
of residents are
university grads.
18% university grads
Hamilton (28%)Average Household Income
$73K
is the average household
income in the neighbourhood.
Professions
Sales | 18% |
Trades | 11% |
Business | 7% |
Government | 7% |
Health | 6% |
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)2.8% from Philippines
All-time
0.4% from Iraq
Recent
Foreign Languages
Tagalog | 2% |
Spanish | 2% |
Arabic | 1% |
French | 1% |
Italian | 1% |
Religions
Christian | 68% |
Muslim | 3% |
Buddhist | 1% |