78 STINSON Street
Hamilton, Ontario
MLS® 40819966
$779,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40819966
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- —
1 / 26Listing description
CALLING ALL INVESTORS! Great opportunity for this recently renovated REVENUE GENERATING fully LEGAL TRIPLEX. Plus AMAZING UPSIDE POTENTIAL with possibility for a 4th unit with separate entrance in basement.
Zoning allows for 4 units, boosting future income (potential 7% cap rate) and property value. This HIGH WALK SCORE location in PRIME RENTAL NEIGHBOURHOOD attracts A+ TENANTS with a short walk to transit, hospitals, shopping and all amenities. Just 5 blocks from the future Hamilton LRT line.
RECENT (2020) UPGRADES include a new roof, new plumbing, new electrical, new insulation, and new fire escape to 2nd and 3rd floor units. 1st floor unit features QUARTZ COUNTERTOPS in kitchen and bath, large primary bedroom with huge walk-in closet/den. Sliding patio door to PRIVATE FULLY FENCED BACK YARD with deck.
Bright and cheerful 2nd floor unit has HARDWOOD FLOORS and QUARTZ COUNTERTOPS. Both units feature private ensuite laundry. The 3rd FLOOR LOFT has one bedroom, a three-piece bath, and PRIVATE BALCONY.
Whether you're looking to expand your portfolio, need multi-generational living or want to owner-occupy, this property checks all the boxes! Now is the time to acquire THIS QUALITY ASSET that will only increase in value over time. BUY, HOLD, & GROW!
Property summary
- MLS® number
- 40819966
- Property type
- Multi-family
- Building type
- Triplex
- Square footage
- 2,575 sq ft
- Title
- Freehold
- Annual property taxes
- $5,111.00
- Parking
- 2 spaces
- Days on market
- 135 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Partial
- Exterior features
- Wood, Brick, Vinyl siding
- Lot features
- Paved driveway
What would this home cost you?
Based on the $779,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES, CAMBRIDGE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.