Unknown for 171 Stone Church Rd, Hamilton Ontario L9B 1A8
Re-listed 23 hours ago

171 Stone Church Rd, Hamilton, Ontario L9B 1A8

Detached
16
4
~2000-2500 sqft
$•••,•••
$1,199,900
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Detached
16
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$539/sqft

Est. Mortgage$5,153/mo

Tax Amount (2025)$3,302/yr

Days On Market23 hours

Total Days On Market46 days


Description

INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size7,428 Ac(123.8 x 60)
Parking Spaces6
MLS ®NumberX12061198
Community NameJerome
Data SourceTRREB
Listing byREVEL REALTY INC.

Features

Heating: Radiant
Basement: Sep Entrance, Finished

Features

Lot size: 7,428 Ac

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 3

Total parking spaces 6


Property listed by REVEL REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 2409
Average household income $123,309

Age (%)

0 to 19
27%
35 to 49
20%
50 to 64
20%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
80%
Single person
16%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
69%
Arabic
5%
Italian
4%
Portuguese
3%
Vietnamese
3%
Assyrian Neo-Aramaic
2%
Mandarin
2%
Yue (Cantonese)
2%
Spanish
2%
Tagalog (Pilipino, Filipino)
2%
Dutch
1%
Others
1%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget