$799,900 $4,294 est/mo Sourced by Back At You

51 Smith Avenue,Hamilton, ON L8L 5P2

Hamilton ON, L8L 5P2

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Description

Incredible Investment Opportunity In Central Hamilton With A Turnkey Legal Non-Conforming Duplex Operating As A Triplex For Over 30 Years, Now With Potential To Add A Laneway Suite. Nestled On A Picturesque Tree-Lined Street Directly Across From St. Brigid School. Professionally Waterproofed, Upgraded Electrical, And All Units Have Been Tastefully Updated. Additionally, There?s A Detached Workshop With Electricity, Perfect For Hobbyists Or Additional Storage. Over 3,000 Sq Ft Of Living Space Across Three Units: An Approx 1,000 Sq Ft Main Floor 2 Bed Unit, An Approx 1,500 Sq Ft Upper 3 Bed Unit Including A Loft With, And A Cozy Approx 725 Sq Ft Lower 1 Bed Unit. Very Rare - Each Unit Has Its Own Laundry For Utmost Convenience. No Carpeting In Any Of The Units Ensures Ease Of Maintenance. High-Efficiency Forced Air Gas Furnace Installed In 2018, Two 100A Breaker Panels Updated In 2014. Parking Is Ample, With A Front 2 Car Driveway And Additional Space At The Rear. Main Floor Unit Currently Vacant, Offering Potential Rental Income Of $2,200/Month, Upper And Lower Units Are Tenant-Occupied, Bringing In $1,590/Month Plus Hydro And $922.50 /Month Inclusive, Respectively. Tenants Are Month To Month. Easy Access To Local Amenities, Schools, And Public Transportation. Please Note, The Seller Does Not Warrant The Retro-Fit Status Of The Property. Seize This Unique Opportunity To Own A Versatile Property With Excellent Income And The Chance To Further Develop, Or Purchase As A Mortgage Helper.

Details

MLS#40572427
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1891
Days On Site42
Listing Provided ByRock Star Real Estate Inc., Brokerage | Mike Desormeaux

Features

Bed(s)6
Bath(s)3
SQ Feet2,000
Garage1
BasementY
Story(s)2
Units3
ZoningD
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8L 5P2
Area14 Hamilton Centre
Subarea141 Lansdale
Community Name141 Lansdale
Listing VS Median (in 141 Lansdale)
Price:
$799,900
low | high
Med:
$574,950
78.122327790974% of Average
SqFt:
2,000
low | high
Med:
1,231
88.45% of Average
$ / SqFt:
$400
low | high
Med:
$476
30.983627239065% of Average
On Site:
42
low | high
Med:
12.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 3:58:12 PM PDT