Key Facts
- MLS® #: 40706545
- Property ID: SIRC2321404
- Property Type: Residential, Single Family Detached
- Living Space: 3,700 sq.ft.
- Year Built: 1948
- Bedrooms: 11+5
- Bathrooms: 3+1
- Parking Spaces: 9
- Listed By:
- Revel Realty Inc.
Property Description
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 & will not last. Priced to be sold quick since Selers are offloading their properties; Buyers -take advantage of our time-crunch needing this to be sold.
Rooms
- TypeLevelDimensionsFlooring
- BedroomMain10' 7.8" x 8' 11.8"Other
- BedroomMain10' 7.8" x 12' 9.4"Other
- BedroomMain10' 7.8" x 12' 9.4"Other
- BedroomMain14' 11" x 14' 11"Other
- BedroomMain12' 9.4" x 10' 7.8"Other
- BedroomMain12' 9.4" x 12' 9.4"Other
- BedroomMain14' 11.9" x 10' 7.8"Other
- BathroomMain8' 6.3" x 10' 7.8"Other
- Laundry roomMain6' 4.7" x 10' 7.8"Other
- BedroomMain14' 11.9" x 14' 11"Other
- Bedroom2nd floor12' 9.4" x 12' 9.4"Other
- Bedroom2nd floor12' 9.4" x 12' 9.4"Other
- Bedroom2nd floor35' 7.8" x 14' 11.9"Other
- Kitchen With Eating AreaLower12' 9.4" x 12' 9.4"Other
- Bathroom2nd floor8' 6.3" x 10' 7.8"Other
- BathroomLower8' 6.3" x 10' 7.8"Other
- BathroomLower2' 11.8" x 2' 11.8"Other
- BedroomLower12' 9.4" x 14' 11.9"Other
- UtilityLower4' 3.1" x 6' 4.7"Other
- BedroomLower12' 9.4" x 12' 9.4"Other
- BedroomLower12' 11.9" x 12' 11.9"Other
- BedroomLower12' 9.4" x 12' 9.4"Other
- BedroomLower10' 11.8" x 10' 7.8"Other
- WorkshopMain25' x 25'Other
Listing Agents
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Location
171 Stone Church Road E, Hamilton, Ontario, L9B 1A8 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 19.2% 50 à 64 ans
- 18.44% 35 à 49 ans
- 18% 20 à 34 ans
- 10.67% 65 à 79 ans
- 9.27% 80 ans et plus
- 7.35% 10 à 14
- 6.86% 15 à 19
- 5.49% 5 à 9
- 4.72% 0 à 4 ans
- Les résidences dans le quartier sont:
- 73.71% Ménages unifamiliaux
- 22.89% Ménages d'une seule personne
- 2.06% Ménages de deux personnes ou plus
- 1.34% Ménages multifamiliaux
- 120 070 $ Revenu moyen des ménages
- 47 420 $ Revenu personnel moyen
- Les gens de ce quartier parlent :
- 65.75% Anglais
- 6.08% Arabe
- 5.69% Anglais et langue(s) non officielle(s)
- 5.39% Néerlandais
- 3.86% Italien
- 3.4% Portugais
- 2.82% Espagnol
- 2.69% Tagalog (pilipino)
- 2.46% Yue (Cantonese)
- 1.85% Assyrien néo-araméen
- Le logement dans le quartier comprend :
- 57.23% Maison individuelle non attenante
- 16.64% Appartement, moins de 5 étages
- 12.88% Appartement, 5 étages ou plus
- 10.96% Maison en rangée
- 2.29% Duplex
- 0% Maison jumelée
- D’autres font la navette en :
- 5.4% Transport en commun
- 4.13% Autre
- 0.51% Marche
- 0% Vélo
- 27.46% Diplôme d'études secondaires
- 24.49% Certificat ou diplôme d'un collège ou cégep
- 18.08% Aucun diplôme d'études secondaires
- 17.56% Baccalauréat
- 6.67% Certificat ou diplôme d'apprenti ou d'une école de métiers
- 4.2% Certificat ou diplôme universitaire supérieur au baccalauréat
- 1.55% Certificat ou diplôme universitaire inférieur au baccalauréat
- L’indice de la qualité de l’air moyen dans la région est 2
- La région reçoit 310.69 mm de précipitations par année.
- La région connaît 7.39 jours de chaleur extrême (31.69 °C) par année.
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- Principal and Interest $6,107 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a