Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant paid 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
| MLS # | 40845581 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 56 |
| Listing Provided By | EXP REALTY OF CANADA INC | Emily Androutsopoulos |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,896 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C |
| Acreage | 0.13 |
| Appliances | Built-in Microwave |
|---|---|
| Rooms Total | 17 |
| Interior Features | Built-In Appliances, Separate Heating Controls, Separate Hydro Meters |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Fireplace-Gas, Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Window Features | Window Coverings |
| Laundry Features | In-Suite |
| Exterior Features | Landscaped, Privacy, Storage Buildings |
|---|---|
| Lot Features | Urban, Hospital, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, Schools |
| Construction Materials | Aluminum Siding, Brick Veneer |
| Roof | Asphalt Shing |
| Patio And Porch Features | Deck, Patio |
| Garage Spaces | 1 |
|---|---|
| Parking Features | Attached Garage, Exclusive |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | Yes |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 6228.94 |
|---|
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 1X6 |
| Area | 17 Hamilton Mountain |
| Subarea | 177 Burkholme |
| Community Name | 177 Burkholme |
| Listing VS Median (in 177 Burkholme) | |
Price: $999,000 low | high Med: $68,700 sqft: 2,896 low | high Med: 1,037 $ / sqft: $345 low | high Med: $148 On site: 56 low | high Med: 59.5 | |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8V 1X6 |
| Area | 17 Hamilton Mountain |
| Subarea | 177 Burkholme |
| Community Name | 177 Burkholme |
| Listing VS Median (in 177 Burkholme) | |
Price: $999,000 low | high Med: $68,700 sqft: 2,896 low | high Med: 1,037 $ / sqft: $345 low | high Med: $148 On site: 56 low | high Med: 59.5 | |