Zarrin Joo
Broker
RE/MAX REALTRON REALTY INC., Brokerage
Independently owned and operated.
11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7
Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590
$1,199,900
Available - For Sale
Listing ID: X12061198
171 Stone Church Road East , Hamilton, L9B 1A8, Hamilton
| 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: | $3302.00 |
| 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 |
| Family Room: | F |
| Basement: | Separate Ent, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 9 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| 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. |
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Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Jerome |
| Style: | 2-Storey |
| Tax: | $3,302 |
| Beds: | 16 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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