FOR SALE
$549,900
338 Hamilton, London, ON, N5Z 1R5
3
3
2330
About the Property
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income.
The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio.
Features
Property Details
MLS#:
40865234
Status:
For Sale
Property Type:
Single Family Residence
Central A/C:
No
Bedrooms:
3+1
Heating Fuel:
Forced Air, Natural Gas
Bathrooms:
4
Heating Type:
Forced Air, Natural Gas
Parking:
2 Spots
Cross Street:
Cannon St E / Wellington St N
Basement:
Separate Entrance, Walk-Up Access, Full, Finished
About the Property
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income.
The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio.
Features
Property Details
MLS#:
40865234
Status:
For Sale
Property Type:
Single Family Residence
Central A/C:
No
Bedrooms:
3+1
Heating Fuel:
Forced Air, Natural Gas
Bathrooms:
4
Heating Type:
Forced Air, Natural Gas
Parking:
2 Spots
Cross Street:
Cannon St E / Wellington St N
Basement:
Separate Entrance, Walk-Up Access, Full, Finished
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX Escarpment Realty Inc.
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX Escarpment Realty Inc.