$1,499,000

Investment For Sale In Durand, Hamilton, Ontario

$1,499,000

Property Information:

Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management—making this a turnkey opportunity for investors seeking value and steady income. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 4236 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 8
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 4236 Square Feet
  • Lot Depth: 99 Feet
  • Lot Frontage: 40 Feet
  • Zoning: DE-3
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Real Broker Ontario Ltd.

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