$1,585,000 FOR SALE

Triplex

Bedrooms: 7Lot: 50 x 125.17 ft

38 Viewpoint Avenue
Hamilton (Eastmount), ON L8V 2S5

Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing. **** EXTRAS **** NOI between $87,764 - $95,516 (id:47423)

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Listed By ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9308850
Last Updated Sep 09, 2024
Property Summary
Property Type Triplex

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Community Eastmount
Price History
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Detailed Information
Bedrooms 7
Lot 50 x 125.17 ft
Listing Contract Date 2024-09-09
Location Description Concession St & Viewpoint Ave
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Building
Appliances Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Basement Development Finished
Basement Features Separate entrance
Basement Type N/A (Finished)
Cooling Type Central air conditioning
Exterior Finish Aluminum siding, Vinyl siding
Fire Protection Smoke Detectors
Foundation Type Poured Concrete, Block
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1.5
Type Triplex
Utility Water Municipal water
Land
Total Size 50.07 x 125.2 FT
Sewer Sanitary sewer
Size of Irregular Land 50.07 x 125.2 FT
External Links

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