Hamilton, Raleigh, L8V 3L9
$649,900
Listed by KELLER WILLIAMS COMPLETE REALTY.
Amazing opportunity for home buyers and investors. If you are yet to have your 2024 real estate luck kiss you then your wait is over. Bringing to you a beautifully updated solid four bedroom detached property in a key central Hamilton Mountain location. Live upstairs and add your personal touches to the unfinished basement for your own personal use or to rent it out for approximately $2200. If you were to rent out both the upper portions and the basement separately you would be looking towards approximately $5000 plus in rent. As a bonus this property is zoned for a four-plex, meaning even after having a second dwelling in the basement you can still have two more dwellings where one of them could be a separate detached unit in the back yard. Also, there is potential to add more parking in both the front and back yards if you want. This property has Juravinski Hospital known for its excellence down the road from it. Nine schools and four parks are within its vicinity. Both the fire and police stations are approximately within 3km. It has terrific post secondary institutes such as Mohawk College known for its trades programs and McMaster university globally known for its academic excellence both a few minutes drive away. The Hamilton Go Centre Station with trains and buses running back and forth from Hamilton to Toronto at regular intervals is only 3km away from the property. The closest bus stop is a one minute walk. Come see the potential for yourself. Everything has been taken care of immaculately for you. Even the water line to the main has been replaced with a 1-inch copper line to give you quality drinking water, and for your future developmental convenience. You or your agent can do any due-diligence and verify all information being provided to your satisfaction. Upon visiting do not miss out on seeing the super convenient approximately 230 sq ft of storage space on the second storey included in the covered area.
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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.