INCREDIBLE EAST HAMILTON INVESTMENT OPPORTUNIT. Highly desirable location close to everyday amenities, schools, shopping, restaurants, bistros, parks, city transit & quick access to Linc, Red Hill & QEW. Situated on a mature 40’ x 92’ lot, this impressive brick bungalow offers 1,092sf of extensively... renovated in 2021 - living space on each level providing exceptional flexibility for Investors, Multi-Generational living or an Owner-Occupier seeking income potential - minimal cost to convert back to original single family design. Oversized paved driveway extends past home to recently sided detached 343sf garage offering 3 large separate locker bays adding valuable storage/workshop space. Includes 3 bedroom main floor unit & 2 bedroom lower level unit highlighted with 2 new custom kitchens sporting quartz countertops & 2 full sets of stainless steel kitchen appliances (includes BI dishwashers & OTR microwaves), 2 modern 4pc baths, 2 large & bright living/dining areas, common laundry area w/coin operated washer/dryer plus patio door main floor walk-out to private rear deck & yard. Professionally updates completed in 2021 include roof shingles, quality windows, exterior doors, spray foam insulation thru-out, 200 amp hydro service, wiring/plumbing, drywall, interior doors, low maintenance flooring, light/bath/kitchen fixtures, n/g furnace, central air & on-demand n/g tankless water heater. Excellent income potential with a current gross rental revenue of $4,500 per month - aprox. $44,000 NET per year. A rare combination hi density location, substantial updates, generous living space and proven income—an outstanding opportunity to become the proud owner of this multi-purpose property. (id:10452)
General
Type
Apartment
Style
-
Year Built
1964
Square Footage
1092 sqft
Taxes
-
Maintenance Fee
-
Full Property Details
Interior
Bedrooms
5
Washrooms
2.0
Square Footage
1092 sqft
Basement
Finished, Full (Finished)
Heating Source
Natural gas
Heating Type
Forced air
Air Conditioning
Central air conditioning
Full Bathrooms
2
Half Bathrooms
0
Bedrooms
5
Washrooms
2.0
Square Footage
1092 sqft
Basement
Finished, Full (Finished)
Heating Source
Natural gas
Heating Type
Forced air
Air Conditioning
Central air conditioning
Full Bathrooms
2
Half Bathrooms
0
Exterior
Acreage
0.08 ac|under 1/2 acre
Parking Spaces
5
Garage Spaces Y/N
Yes
Zoning Description
R1
Land Amenities
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Acreage
0.08 ac|under 1/2 acre
Parking Spaces
5
Garage Spaces Y/N
Yes
Zoning Description
R1
Land Amenities
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
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