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Royal LePage
Royal LePage
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$282,000

54 Hamilton Avenue, St. John's, Newfoundland & Labrador, A1E 1H7

QuickQuoteTM: $258K - $314K
MLS® # 1282121

Property Information:

Attention investors! Check out this rare multi-unit property in downtown St. John's! With rents rapidly rising over the last few years, 54 Hamilton Avenue provides an amazing opportunity for the savvy investor to get into the rental market with this registered, 3-unit dwelling for less than $300,000! The earning potential on this one is incredible considering current market conditions. With one unit already rented at $800 POU (and soon to be $950 after the most recent rental increase), this could be your chance to live in one unit while renting the other two - a chance to live nearly rent/mortgage free! - OR you could put the property to its max earning potential and rent all 3! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Construction Style - Attachment: Semi-detached
  • Exterior Finish: Other
  • Flooring Type: Flooring Type
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Built in: 1922
  • Irregular: Yes
  • Lot Size: 21ft x 86ft
  • Zoning: RD
  • Sewer: Municipal sewage system

Courtesy of: Keller Williams Platinum Realty

REALTOR.ca  

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Market Price Trends

All Properties

4.56%

Price change (1 year)

27.73%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 54 Hamilton Avenue, St. John's, Newfoundland & Labrador, A1E 1H7

Demographic Information of 54 Hamilton Avenue, St. John's, Newfoundland & Labrador, A1E 1H7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$93,695.82

Average Number of Children

1.44

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.29 %

High school certificate or equivalent

33.53 %

Apprenticeship trade certificate/diploma

5.02 %

College/non-university certificate

17.84 %

University certificate (below bachelor)

1.21 %

University Degree

27.11 %

Commuter

Travel To Work

By Car

64.82 %

By Public Transit

7.97 %

By Walking

24.37 %

By Bicycle

0.0 %

By Other Methods

2.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.04 %

Houses

70.96 %

Own Vs. Rent

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