Discover a rare investment opportunity in a prime Hamilton Mountain location—complete with drawings for three future triplexes. This property combines immediate rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there’s no shortage of space for family or tenants alike. The lower level provides additional flex space—ideal for storage, a fitness zone, or a future recreation room. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Currently rented for $2,616.25 per month, it delivers strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. (id:4069)
Address
641 LIMERIDGE Road E
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
4
Bathrooms
2
Floor Area
1,462 Sq. Ft.
MLS® Number
40780275
Listing Brokerage
RE/MAX Escarpment Realty Inc.
Basement Area
Full (Finished)
Postal Code
L8W1A2
Zoning
R1
Site Influences
Hospital, Park, Schools, Shopping
