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$ 699,900
Est. payment | /mo
3 Beds
2 Baths
$ 699,900
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Raleigh
MLS Listing ID X12637764
Style Bungalow
Bedrooms 3
Annual Tax Amount $4,300
Tax Year 2025
Property Sub-Type Duplex
Property Description
Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow!
Location
Province ON
County Hamilton
Community Raleigh
Area Hamilton
Zoning R1
Rooms
Family Room No
Basement Separate Entrance, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Water Heater, Primary Bedroom - Main Floor
Cooling Central Air
Inclusions all appliances
Exterior
Parking Features Private
Garage Spaces 1.5
Pool None
Roof Type Asphalt Shingle
Lot Frontage 46.67
Lot Depth 100.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete Block
Others
Senior Community Yes
ParcelsYN No
Listed by REVEL REALTY INC.
LSV GROUP
Phone