House for Sale in Hamilton
171 Stone Church Road E, Hamilton, ON
- 11+5 BEDS
- 3+1 BATHS
- 3,700 sq.ft. Home
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 to 64 years
- 18.44% 35 to 49 years
- 18% 20 to 34 years
- 10.67% 65 to 79 years
- 9.27% 80 and over
- 7.35% 10 to 14
- 6.86% 15 to 19
- 5.49% 5 to 9
- 4.72% 0 to 4
- Households in the area are:
- 73.71% Single family
- 22.89% Single person
- 2.06% Multi person
- 1.34% Multi family
- $120,070 Average household income
- $47,420 Average individual income
- People in the area speak:
- 65.75% English
- 6.08% Arabic
- 5.69% English and non-official language(s)
- 5.39% Dutch
- 3.86% Italian
- 3.4% Portuguese
- 2.82% Spanish
- 2.69% Tagalog (Pilipino, Filipino)
- 2.46% Yue (Cantonese)
- 1.85% Assyrian Neo-Aramaic
- Housing in the area comprises of:
- 57.23% Single detached
- 16.64% Apartment 1-4 floors
- 12.88% Apartment 5 or more floors
- 10.96% Row houses
- 2.29% Duplex
- 0% Semi detached
- Others commute by:
- 5.4% Public transit
- 4.13% Other
- 0.51% Foot
- 0% Bicycle
- 27.46% High school
- 24.49% College certificate
- 18.08% Did not graduate high school
- 17.56% Bachelor degree
- 6.67% Trade certificate
- 4.2% Post graduate degree
- 1.55% University certificate
- The average air quality index for the area is 2
- The area receives 310.69 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (31.69°C) per year.
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- Principal and Interest $6,107 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a