$699,900

House For Sale In Raleigh, Hamilton, Ontario

$699,900
  • 3

    Bedrooms

  • 2

    Baths

  • 4

    Parking Spaces

Property Information:

Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow!

Inclusions: Built-in Microwave,Dishwasher,Dryer,Garage Door Opener,Refrigerator,Smoke Detector,Stove,Washer

Building Features:

  • Floor Space: 1387 Square Feet

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Separate Entrance, Walk-Up Access, Full, Finished
  • Built in: 1950
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Private Entrance
  • Floor Space (approx): 1387 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: In-Law Floorplan
  • Laundry Features: In-Suite
  • Lot Depth: 100 Feet
  • Lot Features: Urban, Hospital, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route, Schools
  • Lot Frontage: 46.67 Feet
  • Parking Features: Detached Garage, Garage Door Opener
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Rooms:

  • Primary Bedroom Main Level 0.33 X 0.33
  • Bedroom Main Level 0.33 X 0.33
  • Bathroom Main Level
  • Bedroom Basement Level 0.33 X 0.33
  • Bathroom Basement Level

Courtesy of: Revel Realty Inc.

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