5 Cumberland Avenue, Hamilton, ON, L8M 1Y6 - investment for sale | Listing ID H4153601

5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

MLS® # H4153601

Investment For Sale In St. Clair, Hamilton, Ontario

$899,000

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5 Cumberland Avenue, Hamilton, ON - Outdoor With Facade

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Other Room

5 Cumberland Avenue, Hamilton, ON - Indoor

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Kitchen

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Bathroom

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Bedroom

5 Cumberland Avenue, Hamilton, ON - Indoor Photo Showing Basement

5 Cumberland Avenue, Hamilton, ON - Outdoor

5 Cumberland Avenue, Hamilton, ON - Outdoor With Backyard

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5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

$899,000

Property Information:

Rare Opportunity to invest in a legal, cash positive, turn-key triplex. With recent renovations all done with permits, is the opportunity you have been waiting for to invest in Hamilton! Nestled at the base of the escarpment, the neighbourhood is quiet and family friendly with easy access by car or foot to all of Hamilton, not to mention will be a short walk to the LRT as well. For the outdoor enthusiasts this home is situated right on the rail trail and stairs on the escarpment. Newer renovations include, 3 kitchens, 3 bathrooms, flooring throughout, newer windows and doors, 3 hydro metres and lastly the roof was re-shingled in 2015. Parking is available for up to 3 vehicles right out front and lots of street parking. This home has no shortage of potential renters as the location and unit type are sought after constantly in Hamilton's rental market. This property won't last long! Whether you are a seasoned investor or just starting out, this property won't disappoint! (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Architectural Style: Multi-Unit
Basement Development: Partially finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fire Protection: Fire alarm system
Floor Space: 1956 Square Feet
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

Property Type: Multi-family
Features: Double width or more driveway, Crushed stone driveway
Floor Space (approx): 1956.00 Square Feet
Irregular: Yes
Lot Depth: 110.0 Feet
Lot Frontage: 27.0 Feet
Lot Size: 27.06 x 110
Zoning: three self-contained units
Sewer: Municipal sewage system
Parking Type: Gravel, No Garage
No. of Parking Spaces: 2

Courtesy of: Keller Williams Complete Realty

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Market Price Trends

Location of 5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 5 CUMBERLAND Avenue , experiences 7 hot days per year at around 31.76 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.29 degrees Celsius.

Projected Avg. Temperature

Past

31.76℃

2050

35.29℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

59/100

High

ClimateCheck®

Current data

This property, 5 CUMBERLAND Avenue , experiences 10 significant 2-day storms per year, with about 308.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 383.39mm of precipitation per year.

Precipitation Per Storm

Past

308.9mm

2050

383.39mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$65,595.55

Average Number of Children

1.02

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.43 %

High school certificate or equivalent

29.72 %

Apprenticeship trade certificate/diploma

8.03 %

College/non-university certificate

19.49 %

University certificate (below bachelor)

0.37 %

University Degree

13.76 %

Commuter

Travel To Work

By Car

64.08 %

By Public Transit

20.29 %

By Walking

5.42 %

By Bicycle

0.0 %

By Other Methods

10.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.57 %

Houses

53.43 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5 CUMBERLAND Avenue, Hamilton, Ontario, L8M 1Y6

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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