Property Information:

Discover a rare investment opportunity in a prime Hamilton Mountain location—complete with drawings for three future triplexes. This property combines immediate rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there’s no shortage of space for family or tenants alike. The lower level provides additional flex space—ideal for storage, a fitness zone, or a future recreation room. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Currently rented for $2,616.25 per month, it delivers strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 1462 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 4
Bathrooms: 2
Access Type: Highway access
Amenities Nearby: Hospital, Park, Schools, Shopping
Floor Space (approx): 1462 Square Feet
Lot Depth: 156 Feet
Lot Frontage: 80 Feet
Zoning: R1
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 4

Rooms:

Bedroom 2nd Level 14'3'' x 10'0''
Loft 2nd Level 21'7'' x 10'0''
Utility Basement Level Measurements not available
Bathroom Basement Level Measurements not available
Recreation Room Basement Level 24'2'' x 17'2''
Bedroom Main Level 10'3'' x 9'0''
Bedroom Main Level 11'7'' x 11'7''
Primary Bedroom Main Level 14'2'' x 10'0''
Bathroom Main Level Measurements not available
Kitchen Main Level 15'10'' x 11'4''
Living Main Level 11'3'' x 14'3''

Courtesy of: RE/MAX Escarpment Realty Inc.

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Demographic Information of 641 LIMERIDGE Road E, Hamilton, Ontario, L8W 1A2

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$120,443.70

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.23 %

High school certificate or equivalent

31.54 %

Apprenticeship trade certificate/diploma

4.46 %

College/non-university certificate

24.23 %

University certificate (below bachelor)

0.14 %

University Degree

16.4 %

Commuter

Travel To Work

By Car

88.91 %

By Public Transit

5.95 %

By Walking

0.2 %

By Bicycle

0.0 %

By Other Methods

4.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.78 %

Houses

98.22 %

641 LIMERIDGE Road E, Hamilton, Ontario, L8W 1A2