$1,585,000
 $8,509 est/mo Sourced by Back At You

38 Viewpoint Avenue , Hamilton, ON L8V 2S5

Hamilton, ON L8V 2S5

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Description

Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing.

Details

MLS#H4206116
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site33
Listing Provided ByRoyal Lepage Burloak Real Estate Services | Lucie Brusse

Features

Bed(s)7
SQ Feet3,500
BasementY
Story(s)2
Units3
Acreage0.14
Water FrontYes
Property ViewYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Listings Checked: 14 seconds ago
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8V 2S5
AreaConcession
Community NameConcession
School DistrictHamilton-Wentworth Catholic Dist
Elementary SchoolHamilton-Wentworth Catholic Dist
Middle SchoolHamilton-Wentworth Catholic Dist
High SchoolHamilton-Wentworth Catholic Dist
Listing VS Median (in Concession)
Price:
$1,585,000
low | high
Med:
$224,900
100% of Average
SqFt:
3,500
low | high
Med:
533
100% of Average
$ / SqFt:
$453
low | high
Med:
$416
58.121832026584% of Average
On Site:
33
low | high
Med:
37.000000
89.189189189189% of Average
Sourced by Back At You
Listing Updated: October 4, 2024 at 2:38:08 PM PDT