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$ 999,999
Est. payment /mo
Active
773 LAWRENCE Road Hamilton, ON L8K1Z7
4 Beds
3 Baths
2,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2520
Square Footage 2,520 sqft
Price per Sqft $396
Subdivision 241 - Rosedale
MLS® Listing ID 40828247
Bedrooms 4
Property Sub-Type Freehold
Property Description
Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential. The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income. Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies. The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping. The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Community Centre, School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Platinum Lion Realty Inc.
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