Maria Tompson Sales Representative pic sales@bestforagents.com Your Company Name, Brokerage Independently owned and operated. pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 | Cell: 416-548-7854

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$1,199,900
Available - For Sale
Listing ID: X12061198
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
Price $1,199,900
Taxes: $3,302
Occupancy by: Tenant
Address: 171 Stone Church Road East , Hamilton, L9B 1A8, Hamilton
Directions/Cross Streets: Upper Wellington Strete
Rooms: 21
Bedrooms: 16
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Separate Ent
Finished
No. of Pieces Level
Washroom 1 9
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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REVEL REALTY INC.

171 Stone Church Road East , Hamilton, L9B 1A8, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Jerome
Style: 2-Storey
Lot Size: x 123.80(Acres)
Approximate Age:
Tax: $3,302
Maintenance Fee: $0
Beds: 16
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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