Hamilton, Beasley, L8L 5C1
$895,000
Listed by RE/MAX ESCARPMENT REALTY INC..
LIVE IN ONE UNIT, LET THE OTHERS PAY YOUR MORTGAGE or BUILD YOUR PORTFOLIO WITH A TURNKEY LEGAL TRIPLEX+BONUS POTENTIAL Welcome to this beautifully renovated, fully legal triplex in one of the city's most vibrant and high-demand neighbourhoods. Whether you're a savvy investor, a first-time buyer, or a multi-generational family, this rare offering delivers the perfect blend of lifestyle flexibility and income potential WITH CITY-APPROVED PLANS TO ADD A FOURTH UNIT ALREADY IN PLACE! Renovated top to bottom in 2019, each unit boasts modern finishes, updated mechanicals, separate entrances, in-suite laundry, and individual utilities keeping maintenance low and tenant appeal high. Move into the unit that fits your lifestyle and let the other suites generate reliable rental income, or rent them all out and enjoy passive cash flow from day one. WITH A NET OPERATING INCOME OF OVER $49K ANNUALLY, this is a financially smart choice, no matter your goals. The approved fourth unit unlocks an exciting value-add opportunity ideal for future appreciation, added cash flow, or a BRRRR strategy (buy, renovate, rent, refinance, repeat). Either way, this property is poised for both LONG-TERM EQUITY GROWTH AND IMMEDIATE RETURN ON INVESTMENT. Steps from transit, hospitals, schools, and shopping, this prime location attracts A+ tenants and makes life convenient for all residents. With AMPLE PARKING,LOW-MAINTENANCE LANDSCAPIING AND THOUGHTFUL DESIGN FOR PRIVACY AND COMFORT,, this home checks every box function, form, and future potential. As interest rates ease and demand continues to grow, now is the time to secure a high-performing asset that fits your life and fuels your financial freedom.
3 stoves, 3 dishwashers, 3 washer/dryer combos, 3 fridges
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: