Welcome to this fully renovated multi-unit gem, ideally located near Tim Hortons Field and a Bernie Morelli Recreation Centre! Each unit features 1 bedroom, a 4-piece bathroom, a bright living room, and a modern kitchen, all updated in 2018/2019. The renovations boast laminate and porcelain tile flooring, quartz countertops, stylish subway tile backsplashes, stainless steel appliances, pot lights, and new bathrooms. Updated finishes include new doors, baseboards, and trim, with most of the home re-drywalled. Major system upgrades include new wiring with a 200-amp panel, plumbing, furnace, roof, windows, and a water heater. The incoming water line has been upgraded to 1 inch, and spray foam insulation added to the third floor for enhanced efficiency. Shared coin laundry is conveniently located in the foyer. The property generates a solid gross income of $53,720.52 annually, with rents covering utilities. There’s also exciting potential for a 4th unit with a side entrance to the basement. Unit 3 is currently vacant, offering flexibility for future tenants or owner-occupiers!
MLS# | 40663828 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1920 |
Days On Site | 23 |
Listing Provided By | Keller Williams Complete Realty | Michael K. Johnson |
Bed(s) | 3 |
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Bath(s) | 3 |
SQ Feet | 1,801 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | N/A |
Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L8L 6T5 |
Area | 20 Hamilton Centre |
Subarea | 200 Gibson | Stipley |
Community Name | 200 Gibson/Stipley |
Listing VS Median (in 200 Gibson/Stipley) | |
Price: $649,900 low | high Med: $569,900 SqFt: 1,801 low | high Med: 1,271 $ / SqFt: $361 low | high Med: $449 On Site: 23 low | high Med: 24.500000 |