115 SPADINA AVENUE, Hamilton (Stripley), Ontario, L8M2X4

Property Description

Prime investment opportunity just steps from downtown Hamilton. This legal triplex is fully rented at great rates to long-term tenants. Each unit has undergone professional top-to-bottom renovations. The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there's a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow. Just a few blocks from Tim Hortons Field and a short stroll to lively Gage Park home to exciting community events all summer long this property is ideally located near schools, public transit, and the vibrant Ottawa Street district, known for its unique shopping and dining. A true turnkey opportunity, perfect for investors looking to secure strong returns in a growing rental market. Don't miss the chance to watch your investment thrive! (id:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 4 (4 above)
• Bathrooms: 3
• Attached: Yes
• Parking: 2 spaces (No Garage)
• Frontage: 28 ft (8.6 m)

Costs

• Annual Taxes: $5,510.53

Listing Provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.