Key Facts
- MLS® #: 40701812
- Property ID: SIRC2294651
- Property Type: Residential, Single Family Detached
- Bedrooms: 3+2
- Bathrooms: 4+1
- Parking Spaces: 4
- Listed By:
- EXECUTIVE HOMES REALTY INC
Property Description
Exceptional investment opportunity in Hamilton's sought-after Strathcona neighborhood! This fully tenanted fourplex offers strong, consistent rental income with excellent cash flow potential. Located in a prime area near parks, schools, and transit, it ensures high rental demand and long-term appreciation. Investors will appreciate the steady returns and minimal vacancies. Located in a prime area near school, University, and parks. Showings require at least 48 hours' notice, and all tenants must be notified in advance
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Location
42 Florence Street, Hamilton, Ontario, L8R 1W6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 26.98% 20 to 34 years
- 18.61% 35 to 49 years
- 18.31% 50 to 64 years
- 10.72% 65 to 79 years
- 7.04% 0 to 4 years
- 5.18% 5 to 9 years
- 5.05% 15 to 19 years
- 4.96% 10 to 14 years
- 3.14% 80 and over
- Households in the area are:
- 53.41% Single family
- 36.67% Single person
- 9.24% Multi person
- 0.68% Multi family
- $86,968 Average household income
- $40,001 Average individual income
- People in the area speak:
- 65.24% English
- 6.14% Vietnamese
- 4.93% Arabic
- 4.88% Somali
- 4.86% English and non-official language(s)
- 4.51% Portuguese
- 2.69% Yue (Cantonese)
- 2.49% Bengali
- 2.17% Nepali
- 2.08% Spanish
- Housing in the area comprises of:
- 40.57% Apartment 5 or more floors
- 26.27% Single detached
- 11.7% Apartment 1-4 floors
- 11.32% Semi detached
- 6.08% Row houses
- 4.06% Duplex
- Others commute by:
- 14.75% Public transit
- 9.24% Foot
- 1.64% Other
- 1.32% Bicycle
- 30.16% Did not graduate high school
- 29.87% High school
- 15.44% College certificate
- 14.72% Bachelor degree
- 4.56% Trade certificate
- 4.18% Post graduate degree
- 1.06% University certificate
- The average air quality index for the area is 2
- The area receives 309.08 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (31.98°C) per year.
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- Principal and Interest $3,662 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a