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$1,299,900
Available - For Sale
Listing ID: X12008328
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 19th room!
Price $1,299,900
Taxes: $3,302
Assessment Year: 2025
Address: 171 Stone Church Rd East , Hamilton, L9B 1A8, Ontario
Lot Size: 60 x 123.8 (Acres)
Directions/Cross Streets: Upper Wellington Strete
Rooms: 21
Bedrooms: 16
Washrooms: 4
Kitchens: 1
Family Room: N
Basement: Finished
Sep Entrance
No. of Pieces Level
Washroom 1:  9
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 6
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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REVEL REALTY INC.

171 Stone Church Rd East , Hamilton, L9B 1A8, Ontario

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

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Jerome
Style: 2-Storey
Lot Size: 60.00 x 123.80(Acres)
Approximate Age:
Tax: $3,302
Maintenance Fee: $0
Beds: 16
Baths: 4
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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