115 SPADINA AVENUE, Hamilton, Ontario, L8M 2X4

$699,000

MLS® # X12681920

Investment For Sale In Stipeley, Hamilton, Ontario

$699,000

Property Information:

Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Stove, Window Coverings, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Lane
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 87.2 Feet
  • Lot Frontage: 28.8 Feet
  • Lot Size: 28.9 x 87.3 FT
  • Zoning: C
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Kitchen 2nd Level 3.33 m x 4.80 m
  • Bedroom 2nd Level 4.14 m x 2.18 m
  • Bedroom 2nd Level 3.61 m x 4.24 m
  • Kitchen 3rd Level 3.28 m x 3.48 m
  • Bedroom 3rd Level 2.13 m x 1.19 m
  • Living Main Level 4.44 m x 3.10 m
  • Kitchen Main Level 2.31 m x 3.10 m
  • Bedroom Main Level 3.33 m x 4.04 m

Courtesy of: Royal LePage Real Estate Services Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos