34 Sherman Ave, Hamilton, Ontario L8M 2P4
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Highlights
Estimated ValueNot available
Price/Sqft$274/sqft
Est. Mortgage$3,221/mo
Tax Amount (2024)$4,868/yr
Days On Market4 days
Description
3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit atmarket rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!
Property Details
Interior
Features
3rd Floor
Bathroom
3.05 x 1.224 Pc Bath
Br
3.05 x 2.44Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 1
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