Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!
UNIT 9, LEVEL 8, WENTWORTH STANDARD CONDOMINIUM PLAN NO. 382 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : LTS 102,103,119 & PT LT 120, PL 1431 (GEORGE HAMILTON SURVEY) BEING PTS 1,2 & 3, 62R16904, CITY OF HAMILTON
Possession Date
Flexible
Taxes (2024)
$4,129.34
Directions/Cross Streets
Wellington St S
Neighbourhood
Corktown
Area
Hamilton
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
N
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Special Designations
Unknown
Bedrooms
2+1
Bathrooms
3
Rooms
7
Kitchens
2+1
Lot
20 x 92 ft
Approximate Age
100+
Exterior
Brick
Air Conditioning
Window Unit
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Apartment, Fin W/O
Drive
Lane
Garage Spaces
0.0
Garage Type
None
Parking Spaces
2
Total Parking Spaces
2.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
Seller Property Info Statement
N
Bathrooms
Pieces
Level
4
Main
4
Bsmt
4
2nd
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