78 Stinson Street,Hamilton, ON L8N 1S2
Hamilton, ON L8N 1S2
Description
CALLING ALL INVESTORS! Great opportunity for this recently renovated REVENUE GENERATING fully LEGAL TRIPLEX. Plus AMAZING UPSIDE POTENTIAL with possibility for a 4th unit with separate entrance in basement. Zoning allows for 4 units, boosting future income (potential 7% cap rate) and property value. This HIGH WALK SCORE location in PRIME RENTAL NEIGHBOURHOOD attracts A+ TENANTS with a short walk to transit, hospitals, shopping and all amenities. Just 5 blocks from the future Hamilton LRT line. RECENT (2020) UPGRADES include a new roof, new plumbing, new electrical, new insulation, and new fire escape to 2nd and 3rd floor units. 1st floor unit features QUARTZ COUNTERTOPS in kitchen and bath, large primary bedroom with huge walk-in closet/den. Sliding patio door to PRIVATE FULLY FENCED BACK YARD with deck. Bright and cheerful 2nd floor unit has HARDWOOD FLOORS and QUARTZ COUNTERTOPS. Both units feature private ensuite laundry. The 3rd FLOOR LOFT has one bedroom, a three-piece bath, and PRIVATE BALCONY. Whether you're looking to expand your portfolio, need multi-generational living or want to owner-occupy, this property checks all the boxes! Now is the time to acquire THIS QUALITY ASSET that will only increase in value over time. BUY, HOLD, & GROW!
Details
| MLS # | 40819966 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 147 |
| Listing Provided By | ROYAL LEPAGE CROWN REALTY SERVICES | Karlis Bite |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,575 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | D |
| Acreage | 0.06 |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Accessibility Features | Fire Escape |
|---|---|
| Lot Features | Rectangular, City Lot, Hospital, Public Transit |
| Construction Materials | Brick, Vinyl Siding, Wood Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
| Patio And Porch Features | Deck |
| Security Features | Smoke Detector, Carbon Monoxide Detector(s) |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 5111 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1S2 |
| Area | 14 Hamilton Centre |
| Subarea | 143 Stinson |
| Community Name | 143 Stinson |
| School District | Sir John A Macdonald |
| Elementary School | Queen Victoria |
| High School | Sir John A Macdonald |
| Listing VS Median (in 143 Stinson) | |
Price: $779,900 low | high Med: $370,000 sqft: 2,575 low | high Med: 1,027 $ / sqft: $303 low | high Med: $360 On site: 147 low | high Med: 283 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1S2 |
| Area | 14 Hamilton Centre |
| Subarea | 143 Stinson |
| Community Name | 143 Stinson |
| School District | Sir John A Macdonald |
| Elementary School | Queen Victoria |
| High School | Sir John A Macdonald |
| Listing VS Median (in 143 Stinson) | |
Price: $779,900 low | high Med: $370,000 sqft: 2,575 low | high Med: 1,027 $ / sqft: $303 low | high Med: $360 On site: 147 low | high Med: 283 | |
