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$879,900
Available - For Sale
Listing ID: X9354370
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.
Extras:   Carpet Free, Separate Hydro Meters
Price $879,900
Taxes: $4,129.34
Address: 27 Grove St , Hamilton, L8N 1P4, Ontario
Lot Size: 20 x 92 (Feet)
Directions/Cross Streets: Wellington St S
Rooms: 7
Bedrooms: 2
Bedrooms +: 1
Washrooms: 3
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Apartment
Fin W/O
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Bsmt
Washroom 3:  4 2nd
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 2
Pool: None
Approximatly Age: 100+
Property Features: Hospital
Park
Place Of Worship
Public Transit
Rec Centre
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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REVEL REALTY INC.

27 Grove St , Hamilton, L8N 1P4, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style: 2-Storey
Lot Size: 20.00 x 92.00(Feet)
Approximate Age: 100+
Tax: $4,129.34
Maintenance Fee: $0
Beds: 2+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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