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$ 799,900
Est. payment | /mo
4 Beds
2 Baths
$ 799,900
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Thorner
MLS Listing ID X12815236
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,790
Tax Year 2025
Property Sub-Type Detached
Property Description
Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Finished, Separate Entrance, Full
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 80.0
Lot Depth 156.0
Total Parking Spaces 4
Building
Unit Features Hospital,Library,Park,Public Transit,Rec./Commun.Centre
Foundation Unknown
Others
ParcelsYN No
Listed by RE/MAX ESCARPMENT REALTY INC.