54 Frederick Avenue Sold 4 months ago

Hamilton, Crown Point, L8H 4K4

$899,900$000000

Description

Listed by EXP REALTY.

Introducing 54 Frederick Ave a prime turnkey income producing investment nestled in the vibrant heart of Hamilton. This legal triplex is located at the corner of Frederick Ave and Britannia and boasts three fully equipped apartments, each with its own distinct charm. The main unit fronts on Frederick with 2 separate 1 bdrm units on Britannia. With separate hydro meters in place, there's no hassle just seamless renting and potential for personal enjoyment.Nestled in a desirable neighborhood, residents enjoy proximity to Tim Hortons Field, Centre Mall, schools, convenient transit options, and easy access to highways. Don't miss out on this exceptional opportunity for hassle-free investment or comfortable living. Vacant and ready for opportunity. Rent out all units or live in one and rent the other 2 - great multi generational home - the possibilities are endless.

Projected income: 3/4 Bedroom unit $2800/mth, 1 Bedroom unit (Upper) $1900/mth, 1 bedroom unit (main) $1800/mth. See attached schedulue for projected income/expenses and improvements : See Floor plans for layouts and room sizes

Location

View Map
  • Address: 54 Frederick Avenue
  • Neighborhood: Crown Point
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8H 4K4

Property Details

  • Property ID: X8293212
  • Property Price: $899,900
  • Style: Triplex, 2-Storey
  • Sq/Ft: 2000-2500
  • Rooms: 15
  • Bedrooms: 5
  • Bath: 3
  • Year Built: 51-99
  • Basement: Unfinished
  • Den: N
  • Exterior: Stucco/Plaster
  • Heating: Radiant
  • Fireplace: N
  • Taxes: $2,361.23 (2023)
  • Lot: 70.14x26.55 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in Crown Point

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.

Average days on market for similar Triplex homes in Crown Point

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.

Number of transactions for similar Triplex homes in Crown Point

Contact Manoj Kukreja

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

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