A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 156 Freelton Rd #154, Hamilton Ontario L8B 0Z5
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156 Freelton Rd #154, Hamilton, Ontario L8B 0Z5

Townhouse
13
11
~5000 + sqft
$1,550,000
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$7,750Cashback
Townhouse
13
11
~5000 + sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$155/sqft

Monthly cost

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CMA Subject Property

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+14

Properties sold*

$850K

Median sold price*

*Based on last 30 days

Description

Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. RSA


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~5000 + SqFt
Lot Size16,632 SqFt(252 x 66)
Parking Spaces9
MLS ®NumberX12263234
Community NameFlamborough
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Unfinished

Main Floor

Br

2.48 x 2.67

Bathroom

0.0 x 0.0

4 Pc Bath

Kitchen

4.04 x 3.9

Primary

3.58 x 2.97


Features

Lot size: 16,632 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 8

Total parking spaces 9


Market Data - Flamborough

Geo Zone Map ThumbnailFlamborough

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

47 days

2023

19 days

2022

14 days

New Listings

Past 30 days

21 listings

Compared to

2024

22 listings

2023

20 listings

2022

23 listings

Units sold

Past 30 days

8 units

Compared to

2024

14 units

2023

16 units

2022

15 units

Median Sold Price

Past 30 days

$765,000

Compared to

2024

$850,000

2023

$870,250

2022

$882,500


Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
9%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget