2 Lydia St, Hamilton, Ontario L8K 3B9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$629/sqft
Est. Mortgage$3,431/mo
Tax Amount (2024)$3,887/yr
Days On Market16 hours
Total Days On MarketWahi shows you the total number of days a property has been on market, including days it's been off market then re-listed, as long as it's within 30 days of being off market.64 days
Description
Welcome to 2 Lydia Street a TURNKEY triplex nestled on a quiet residential street just minutes from downtown, transit, park and school on a highly desirable Rosedale area of Hamilton . Whether you're an investor seeking cash flowing rental income or a homeowner looking to live in one unit while renting out the others, this property offers unmatched flexibility and value. This exceptional property features 4+2 bedrooms, 3 bathrooms, 3 kitchens, and is spread across three finished levels, offering a versatile layout perfect for investors, multi-generational families, or homeowners seeking a mortgage helper. The main floor offers 3 bedrooms, a 4-piece bathroom, and a full kitchen, currently vacant but can be rented out for $2,100/month. The upper level has a self-contained 1-bedroom unit with a 3-piece bathroom and kitchen, rented for $1,500/month. The fully finished basement features 2 bedrooms, a 4-piece bathroom, and a kitchen, rented for $1,700/month. Thats a total gross annual income of $64,800, with potential for even more. Triple A tenants are in good standing and willing to stay. The buyer may choose to occupy the main unit and rent out the others. Extensive updates have been completed, including new appliances, flooring, and plumbing, furnace and AC (2021), hot water tank (2020), a new deck, upgraded 200-amp electrical panel (2020), 18 replaced windows (2021), newer roof, and a whole home water filtration system. Capitalize on Hamilton's strong rental demand with this ready-to-go income property. Add to your portfolio with minimal effort, or explore owner-occupancy while tenants help cover the mortgage!
Property Details
Interior
Features
Main Floor
Br
3.28 x 3.28Br
3.35 x 3.81Br
2.46 x 2.95Kitchen
3.4 x 3.12Exterior
Features
Parking
Garage spaces 1
Garage type Attached
Other parking spaces 0
Total parking spaces 1
Property History
19
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