Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow! (41828805)
Cross Streets: : South of Crockett, between Upper Sherman & Upper Gage. ** Directions: Queensdale Av E to East 36th, East 36th to Munn St on east side.
Property Type
Multi-family
Age Of Building
51 to 99 years
Annual Property Taxes
$4,300 (CAD)
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
6 hours
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