$1,585,000 FOR SALE

Triplex 1 1/2 Storey

Bedrooms: 7Bathrooms: 4Lot: 50.07 x 125.2 ft
2024 Taxes: $3,900

38 Viewpoint Ave
Hamilton, ON L8V 2S5 | Eastmount

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

Share

Listed By ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9308850
Last Updated Sep 10, 2024
Property Summary
Property Type Triplex

More like this:
PIN 171150329
Legal Description LT 17, PL 361 ; HAMILTON
Possession Date Flex
Taxes (2024) $3,900
Assessment (2024) $294,000
Directions/Cross Streets Concession St & Viewpoint Ave
Neighbourhood Eastmount
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 W
Special Designations Unknown
Bedrooms 7
Bathrooms 4
Rooms 19+2
Kitchens 3
Lot 50.07 x 125.2 ft
Exterior Alum Siding, Vinyl Siding
Elevator N
Air Conditioning Central Air
Family Room Y
Fireplace/Stove N
Pool None
Basement Finished, Sep Entrance
Drive Private
Garage Spaces 0.0
Garage Type None
Parking Spaces 4
Total Parking Spaces 4.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Bathrooms
Pieces Level
5Main
4Lower

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.