Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow! (id:4069)
Address
99 EAST 36TH Street
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
3
Bathrooms
2
Floor Area
1,387 Sq. Ft.
Year Built
1950
MLS® Number
40777691
Listing Brokerage
Revel Realty Inc.
Basement Area
Full (Finished)
Postal Code
L8V3Z2
Zoning
R1
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools
Features
In-Law Suite
