Re-listed 7 days ago

942 UPPER GAGE Ave, Hamilton, Ontario L8V 4K9

Detached
4
3
~1500-2000 sqft
$•••,•••
$749,900
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Detached
4
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$437/sqft

Est. Mortgage$3,221/mo

Tax Amount (2024)$5,226/yr

Days On Market7 days

Total Days On Market254 days


Description

Rare legal triplex perfectly situated in a prime Hamilton Mountain location! This unique property offers a fantastic investment opportunity with three separate units on an oversized lot, just moments away from essential amenities. The main floor unit features a spacious layout with two bedrooms, a full bathroom, and convenient laundry facilities - this unit could easily be split to add a 4th unit. On the upper level, you'll find two additional units, each offering one bedroom and one bathroom. The property also includes a detached garage that generates additional revenue, enhancing the investment appeal. Vacant possession will be provided on closing! Don't miss out on this rare opportunity to own a lucrative rental property.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size10,899 SqFt(173 x 63)
Parking Spaces7
MLS ®NumberX12229869
Community NameLawfield
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Unfinished

Main Floor

Kitchen

3.76 x 3.15

Dining

2.39 x 4.55

Br

2.24 x 3.76

Living

4.24 x 5.44


Features

Lot size: 10,899 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 6

Total parking spaces 7


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage

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Market Data - Lawfield

Geo Zone Map ThumbnailLawfield

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

67 days

2023

11 days

2022

5 days

New Listings

Past 30 days

7 listings

Compared to

2024

6 listings

2023

8 listings

2022

5 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

9 units

2022

2 units

Median Sold Price

Past 30 days

$810,000

Compared to

2024

$757,500

2023

$780,000

2022

$905,001


Population and Demographics

Overview

Total population 3350
Average household income $106,310

Age (%)

65 and plus
25%
0 to 19
20%
50 to 64
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
65%
Single person
30%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Arabic
4%
Italian
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
Portuguese
2%
Assyrian Neo-Aramaic
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget