31 days on Market

95 Spadina Ave, Hamilton, Ontario L8M 2X4

Townhouse
-
4
~2616.55 sqft
$999,900
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Townhouse
-
4
~2616.55 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$382/sqft

Est. Mortgage$4,294/mo

Tax Amount (2024)$6,650/yr

Days On Market31 days


Description

Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today!


Property Details

StyleResidential Income
View-
Age of property1917
SqFt~2616.55 SqFt
Lot Size2,761 SqFt(86.29 x 32)
Parking Spaces3
MLS ®Number40678456
Community NameStipeley
Data SourceITSO
Listing byRock Star Real Estate Inc.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Full, Finished

Features

Lot size: 2,761 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by Rock Star Real Estate Inc., Brokerage

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Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

20 to 34
26%
0 to 19
21%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

Schools and amenities

Estimated Budget