27 Grove Street For Sale

Hamilton, Corktown, L8N 1P4

$849,900

Description

Listed by Revel Realty Inc..

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional private patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT.

Dishwasher,Dryer,Range Hood,Refrigerator,Stove,Washer,All Appliances.

Location

View Map
  • Address: 27 Grove Street
  • Neighborhood: Corktown
  • City: Hamilton
  • State: ON
  • Postal Code: L8N 1P4

Property Details

  • Property ID: 40683402
  • Property Price: $849,900
  • Style: Single Family Residence, Two Story
  • Sq/Ft: 1482
  • Rooms: 4+2
  • Bedrooms: 2+1
  • Bath: 3
  • Parking Spaces: 2
  • A/C: Window Unit(s)
  • Basement: Separate Entrance, Walk-Out Access, Full, Finished
  • Exterior: Brick
  • Heating: Forced Air, Natural Gas
  • Taxes: $4,129.34 (2024)
  • Exposure: North

Copyright 2024 Information Technology Systems Ontario, Inc. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Property History

This property has been sold 6 times before. To view this property's sale price history please sign in or register:


Sign In / Register

Recently Sold

    • Sold 55 days ago

    2057 Grovetree Lane

    Burlington, Central, L7R 4V5

    $949,500

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

    Nearby Listings

    • New
    • For Sale

    196 Queensdale Avenue

    Hamilton, Centremount, L9A 1K9

    • 2+2 Bedrooms
    • 2 Bath
    • 1539 sq ft
    • 1 Garage
    • For Sale

    15 Empress Avenue

    Hamilton, Centremount, L9A 1M1

    • 2+0 Bedrooms
    • 3 Bath
    • 2662 sq ft
    • For Sale

    6 Peter Street

    Hamilton, Central South, L8R 1T2

    • 2+1 Bedrooms
    • 3 Bath
    • 1294 sq ft
    • For Sale

    62 East 33rd Street

    Hamilton, Raleigh, L8V 3T2

    • 2+1 Bedrooms
    • 2 Bath
    • 713 sq ft
    • 2 Garage
    • For Sale

    198 Dundurn Street

    Hamilton, Kirkendall West, L8P 4K3

    • 2+0 Bedrooms
    • 3 Bath
    • 1800 sq ft
    • For Sale

    873 Upper Wellington Street

    Hamilton, Balfour, L9A 3R8

    • 2+1 Bedrooms
    • 3 Bath
    • 989 sq ft
    • 1 Garage
    • For Sale

    560 Aberdeen Avenue

    Hamilton, Kirkendall, L8P 2T1

    • 2+1 Bedrooms
    • 3 Bath
    • 1094 sq ft
    • 1 Garage