113 Wellington St, Hamilton, Ontario L8N 2R3
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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.$884,000*
Price/Sqft-
Days On Market9 days
Est. Mortgage$2,873/mth
Tax Amount (2024)$5,312/yr
Description
**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining rooms, kitchen, and potential rent of $1,500. The 2nd floor offers a 2-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, also renting for $1,600. The 3rd floor features a 1-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, with potential rent of $1,100. Total rental income is approximately $4,200 monthly, which can exceed mortgage payments. Located near Mohawk college, Mc Master university, St Peters hospital, St. Joseph's Healthcare, Trillium Place and other amenities, this triplex offers strong rental potential and positive cash flow.
Property Details
Interior
Features
Main Floor
Living
0.00 x 0.00Kitchen
0.00 x 0.00Br
0.00 x 0.002nd Br
0.00 x 0.00Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 3
Total parking spaces 3
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X9236533_1-256.webp)
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