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$1,159,900
Available - For Sale
Listing ID: X11950262
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $130 $260 $390 $520
First Mortgage $2,470 $2,340 $2,210 $2,080
CMHC/GE $67.93 $46.8 $38.68 $0
Total Financing $2,537.93 $2,386.8 $2,248.68 $2,080
Monthly P&I $10.87 $10.22 $9.63 $8.91
Expenses $0 $0 $0 $0
Total Payment $10.87 $10.22 $9.63 $8.91
Income Required $407.62 $383.34 $361.16 $334.07

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RE/MAX ESCARPMENT GOLFI REALTY INC.

1221 - 1223 MAIN Stre East , Hamilton, L8K 1A5, Hamilton

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

 
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Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Crown Point
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $5,200
Maintenance Fee: $0
Beds: 6
Baths: 6
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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