Hamilton, Stipley, L8M 1S3
$724,900
Listed by COLDWELL BANKER COMMUNITY PROFESSIONALS.
Exceptional investment opportunity! This large 2.5-storey brick duplex with an in-law suite is suited west of Gage Park. Each self-contained unit boasts in-suite laundry, providing added convenience. There is a spacious open flr plan, one-bedrm basement level unit. The main flr offers a cozy living rm, 2 bedrms & a lovely eat-in kitchen. The upper unit connects the 2nd & 3rd flrs boasting a living rm, a beautiful open kitchen/dining rm, 2 gorgeous full bathrms, 2 bedrms & 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 & 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 & 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. 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.