Key Facts
- MLS® #: X12394367
- Property ID: SIRC2889299
- Property Type: Residential, Triplex
- Lot Size: 4,400 sq.ft.
- Bedrooms: 5
- Bathrooms: 3
- Additional Rooms: Den
- Parking Spaces: 4
- Listed By:
- SUTTON GROUP-ADMIRAL REALTY INC.
Property Description
PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated. All three units are paying market rents and cover utilities cost(providing a built-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. **Financial info, recent capital upgrades, and other info is available.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain0' x 0'Other
- Living roomMain0' x 0'Other
- BedroomMain0' x 0'Other
- Living room2nd floor9' 10.1" x 16' 1.2"Other
- Kitchen2nd floor11' 10.1" x 11' 6.5"Other
- Bedroom2nd floor8' 2" x 13' 1.8"Other
- Living room2nd floor0' x 0'Other
- Kitchen2nd floor0' x 0'Other
- Other2nd floor0' x 0'Other
- Bedroom2nd floor0' x 0'Other
Listing Agents
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Location
164 Wentworth St S, Hamilton, Ontario, L8N 2Z2 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0