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Renanza Realty
For sale

80 MACLENNAN Avenue

Hamilton, Ontario

MLS® 40845530

$999,000

Status
Active
Property type
Multi-family
MLS® number
40845530
Bedrooms
6
Bathrooms
4
Year built

Listing description

Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space.

The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant paid 3000/month.

Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1. 64.

Cash Flow Positive by aprox. 20k/annum.

Property summary

MLS® number
40845530
Property type
Multi-family
Building type
Duplex
Square footage
2,896 sq ft
Title
Freehold
Annual property taxes
$6,228.94
Parking
5 spaces · Attached Garage
Days on market
73 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Window Coverings, Microwave Built-in
Exterior features
Aluminum siding, Brick Veneer
Lot features
Private Yard
Community features
Community Centre

What would this home cost you?

Based on the $999,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,648 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY OF CANADA INC, Toronto.

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.