Hamilton, Stipley, L8M 1S3
$694,900$000000
Listed by COLDWELL BANKER COMMUNITY PROFESSIONALS.
Exceptional investment opportunity in a prime central location! This large 2.5-storey brick duplex with an in-law suite is situated just west of the beautiful Gage Park. Each self-contained unit boasts in-suite laundry, providing added convenience. There is a spacious open floor plan, one-bedroom basement level unit. The main floor offers a cozy living room, 2 bedrooms & a lovely eat-in kitchen. The upper unit connects the 2nd and 3rd floors boasting a living room, a beautiful open kitchen/dining room, 2 gorgeous full bathrooms, 2 bedrooms & den the largest of the units. The property has seen numerous updates, ensuring a modern living experience while preserving its charming character. With numerous cosmetic and mechanical, two hydro meters, rear parking for 3 vehicles, and fire escape access for both the main and upper units, this property is designed for safety and practicality. Whether you're an investor looking for high rental potential or a homeowner seeking an income-generating residence where you can live and rent, this home ticks all the boxes. *upper 2-level unit vacant Dec 1, 2024. main & basement unit on month-to-month term. RSA.
Tenant info: basement $1200 leased till Nov 2024, main flr $1127.50 monthly *helping with seasonal maintenance, upper $1550 + hydro. Owners pay for gas, hwt rental & hydro for 2 lower units. A+ tenants would like to stay.
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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.