CALLING ALL INVESTORS! Great opportunity for this recently renovated REVENUE GENERATING fully LEGAL TRIPLEX. Plus AMAZING UPSIDE POTENTIAL with possibility for a 4th unit with separate entrance in basement. Zoning allows for 4 units, boosting future income (potential 7% cap rate) and property value. This HIGH WALK SCORE location in PRIME RENTAL NEIGHBOURHOOD attracts A+ TENANTS with a short walk to transit, hospitals, shopping and all amenities. Just 5 blocks from the future Hamilton LRT line. RECENT (2020) UPGRADES include a new roof, new plumbing, new electrical, new insulation, and new fire escape to 2nd and 3rd floor units. 1st floor unit features QUARTZ COUNTERTOPS in kitchen and bath, large primary bedroom with huge walk-in closet/den. Sliding patio door to PRIVATE FULLY FENCED BACK YARD with deck. Bright and cheerful 2nd floor unit has HARDWOOD FLOORS and QUARTZ COUNTERTOPS. Both units feature private ensuite laundry. The 3rd FLOOR LOFT has one bedroom, a three-piece bath, and PRIVATE BALCONY. Whether you're looking to expand your portfolio, need multi-generational living or want to owner-occupy, this property checks all the boxes! Now is the time to acquire THIS QUALITY ASSET that will only increase in value over time. BUY, HOLD, & GROW! (id:51075)
Multi-familyProperty Type
$303Price/Sq.Ft.
2 spacesParking
Listed by KARLIS BITE• ROYAL LEPAGE CROWN REALTY SERVICES
legal duplex with potential for 2 further units. Recently updated 2 bdrms units, with a 3rd floor loft unit awaiting approval from the city. Potential for a 4th unit with separate entrance in the basement, so income could be increased by approx $3500/mo. upgraded in 2020,including a new roof, plumbing, electrical, insulation and more recently a steel structural beam was installed in the basement and a new fire escape to the second and third floor. The spacious open concept main floor unit features quartz counters in the kitchen and bath and a large primary bedroom with a huge walk-in closet/den. Sliding patio door from laundry room to private fenced back yard with large deck and shed. The bright and cheerful second floor unit has hardwood floors and quartz counters and both units have their own separate laundry rooms. Bonus third floor loft has one bedroom, a three piece bath and a private balcony. * * INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION * *