Home with brick exterior material, street for 97 Garfield Ave, Hamilton Ontario L8M 2S3
65 days on Market

97 Garfield Ave, Hamilton, Ontario L8M 2S3

Other
-
1
- sqft
$•••,•••
$787,000
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Other
-
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,380/mo

Tax Amount (2024)$4,100/yr

Days On Market65 days


Description

Outstanding investment opportunity in Hamilton's growing Stipley market! This fully tenanted 2.5-storybrick duplex demonstrates strong rental performance with proven income potential. Currently generating$4,212 monthly revenue ($2,116 main floor, $2,101 upper unit), both units secured with quality tenants.Recent capital improvements include 2018 AC installations in both units, energy-efficient LED lightingthroughout, and a widened driveway accommodating two vehicles. Separate entrances and individual laundryfacilities. With its prime location near Main St E and extensive renovations, this turnkey propertyoffers immediate cash flow and strong appreciation potential in Hamilton's expanding real estate market.


Property Details

StyleApartment
View-
Age of property100+
SqFt-
Lot Size2,500 SqFt(100 x 25)
Parking Spaces2
MLS ®NumberX11970582
Community NameStipeley
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Elec Forced Air
Cooling: Y

Features

Lot size: 2,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, 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