Property Information:

Prime investment opportunity just steps from Mohawk College. Potential of Over $86,000 estimated annual income. This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one2-piece washroom, designed for comfortable shared living. The fully finished basement includes4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, Full, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace: Yes
Floor Space: 1100 - 1500 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Two stoves, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5+4
Bathrooms: 3
Half Bathrooms: 1
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 102.8 Feet
Lot Frontage: 43 Feet
Lot Size: 43 x 102.8 FT ; 43.09 ft x 102.96 ft x 43.09 ft x 102.96
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 6

Courtesy of: HOMELIFE/MIRACLE REALTY LTD

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Demographic Information of 100 WEST 3RD STREET, Hamilton, Ontario, L9C 3K5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,369.74

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.5 %

High school certificate or equivalent

24.97 %

Apprenticeship trade certificate/diploma

5.91 %

College/non-university certificate

30.55 %

University certificate (below bachelor)

1.9 %

University Degree

25.17 %

Commuter

Travel To Work

By Car

70.54 %

By Public Transit

16.38 %

By Walking

8.13 %

By Bicycle

0.0 %

By Other Methods

4.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.9 %

Houses

95.1 %

100 WEST 3RD STREET, Hamilton, Ontario, L9C 3K5