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309 STRATHEARNE AVENUE, Hamilton, Ontario, L8H 5K8

MLS® # X12806758
Investment For Sale In Homeside, Hamilton, Ontario
$1,375,000
309 Strathearne Avenue, Hamilton, ON - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON - Outdoor
309 Strathearne Avenue, Hamilton, ON - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Other
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Laundry Room
309 Strathearne Avenue, Hamilton, ON - Indoor
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Basement
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Kitchen
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Bathroom
309 Strathearne Avenue, Hamilton, ON - Indoor
309 Strathearne Avenue, Hamilton, ON - Indoor
309 Strathearne Avenue, Hamilton, ON  - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON  - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON  - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON  - Outdoor
309 Strathearne Avenue, Hamilton, ON - Outdoor With Exterior
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Other
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Laundry Room
309 Strathearne Avenue, Hamilton, ON - Indoor
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Basement
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Kitchen
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Other Room
309 Strathearne Avenue, Hamilton, ON - Indoor Photo Showing Bathroom
309 Strathearne Avenue, Hamilton, ON - Indoor
309 Strathearne Avenue, Hamilton, ON - Indoor
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309 STRATHEARNE AVENUE, Hamilton, Ontario, L8H 5K8
$1,375,000

Property Information:

Welcome to 309 Strathearne Avenue, a fully renovated six-unit residential building in the heart of Hamilton's east end. This exceptional, turnkey investment property is fully tenanted, offering immediate and stable cash flow for investors seeking a low-maintenance addition to their portfolio.The building has undergone recent renovations, enhancing both the interior suites and overall property condition. Each unit is well-maintained, appealing to quality tenants and supporting strong rental demand in this established neighbourhood.At the rear of the property, you'll find a large paved parking lot providing ample on-site parking - a highly desirable feature for tenants. Additional income potential is generated through the convenient coin-operated laundry facilities located within the building.The property is efficiently serviced by a boiler heating system and an on-demand tankless water heater, helping to manage operating costs while ensuring reliable performance.Ideally situated near the Queenston Traffic Circle, the building offers excellent connectivity to major routes. It is also close to public transit options, making it especially attractive for tenants who do not own a vehicle.This is a rare opportunity to acquire a well-maintained, income-producing asset in a strong rental location with solid fundamentals and long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Other
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Size: 136.9 x 117.5 Acre
  • Zoning: C/S-1822
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., Real Broker Ontario Ltd.

REALTOR.ca  

Location of 309 STRATHEARNE AVENUE, Hamilton, Ontario, L8H 5K8

Demographic Information of 309 STRATHEARNE AVENUE, Hamilton, Ontario, L8H 5K8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,580.48

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.63 %

High school certificate or equivalent

38.67 %

Apprenticeship trade certificate/diploma

6.45 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

0.27 %

University Degree

10.11 %

Commuter

Travel To Work

By Car

85.58 %

By Public Transit

6.57 %

By Walking

3.43 %

By Bicycle

0.0 %

By Other Methods

4.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.81 %

Houses

87.19 %

Own Vs. Rent