Hamilton, Stipley, L8M 1S3
$694,900
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 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.