Home with brick exterior material for 43 Crooks St, Hamilton Ontario L8R 2Z7
160 days on Market

43 Crooks St, Hamilton, Ontario L8R 2Z7

Townhouse
-
2
~1747 sqft
$1,175,000
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Townhouse
-
2
~1747 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$672/sqft

Est. Mortgage$5,046/mo

Tax Amount (2022)$4,383/yr

Days On Market160 days


Description

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don’t miss out on this exceptional investment opportunity!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1747 SqFt
Lot Size5,450 SqFt(109 x 50)
Parking Spaces10
MLS ®Number40619354
Community NameStrathcona
Data SourceITSO
Listing byRE/MAX Aboutowne Realty Corp., Brokerage

Features

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

Features

Lot size: 5,450 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 8

Total parking spaces 10


Property listed by RE/MAX Aboutowne Realty Corp., Brokerage, Brokerage

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Population and Demographics

Overview

Total population 5848
Average household income $92,939

Age (%)

20 to 34
26%
65 and plus
20%
50 to 64
19%
35 to 49
19%
0 to 19
16%

Household composition (%)

Single person
50%
Single family
42%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
Arabic
3%
Others
3%
Portuguese
3%
Spanish
2%
Vietnamese
2%
Yue (Cantonese)
1%
Mandarin
1%
French
1%
Somali
1%
Italian
1%

House tenancy (%)

Renters
63%
Owners
37%

Schools and amenities

Estimated Budget