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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$889,000
Available - For Sale
Listing ID: X12394367
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. ***FINANCIALS & CAPEX: See verifiable financial info, recent capital upgrades, and other info in attachment.
Price $889,000
Taxes: $5,030
Occupancy by: Tenant
Address: 164 WENTWORTH Stre South , Hamilton, L8N 2Z2, Hamilton
Directions/Cross Streets: Stinson st./Wentworth St. S
Rooms: 10
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Separate Ent
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 0 0
Room 2: Main Living Ro 0 0
Room 3: Main Bedroom 0 0
Room 4: Second Living Ro 16.01 9.84 Large Window, Hardwood Floor
Room 5: Second Kitchen 11.55 11.84 Combined w/Dining, Open Concept, Window
Room 6: Second Bedroom 13.15 8.17 Walk-In Closet(s), Window, Hardwood Floor
Room 7: Second Living Ro 0 0 Open Concept, Hardwood Floor, Window
Room 8: Second Kitchen 0 0 Open Concept, Combined w/Dining, Window
Room 9: Second Primary B 0 0 Window, Closet Organizers, Hardwood Floor
Room 10: Second Bedroom 2 0 0 Window, Closet
No. of Pieces Level
Washroom 1 4 Second
Washroom 2 4 Second
Washroom 3 4 Main
Washroom 4 0
Washroom 5 0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: Carport
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-ADMIRAL REALTY INC.

164 WENTWORTH Stre South , Hamilton, L8N 2Z2, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style: 2-Storey
Lot Size: x 110.00(Feet)
Approximate Age:
Tax: $5,030
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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