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$895,000
67 WEST AVENUE N
Hamilton, Ontario, Ontario, L8L5C1
MLS® Number: X12064458
Property description
LIVE IN ONE UNIT, LET THE OTHERS PAY YOUR MORTGAGE or BUILD YOUR PORTFOLIO WITH A TURNKEY LEGAL TRIPLEX+BONUS POTENTIAL Welcome to this beautifully renovated, fully legal triplex in one of the city's most vibrant and high-demand neighbourhoods. Whether you're a savvy investor, a first-time buyer, or a multi-generational family, this rare offering delivers the perfect blend of lifestyle flexibility and income potential WITH CITY-APPROVED PLANS TO ADD A FOURTH UNIT ALREADY IN PLACE! Renovated top to bottom in 2019, each unit boasts modern finishes, updated mechanicals, separate entrances, in-suite laundry, and individual utilities keeping maintenance low and tenant appeal high. Move into the unit that fits your lifestyle and let the other suites generate reliable rental income, or rent them all out and enjoy passive cash flow from day one. WITH A NET OPERATING INCOME OF OVER $49K ANNUALLY, this is a financially smart choice, no matter your goals. The approved fourth unit unlocks an exciting value-add opportunity ideal for future appreciation, added cash flow, or a BRRRR strategy (buy, renovate, rent, refinance, repeat). Either way, this property is poised for both LONG-TERM EQUITY GROWTH AND IMMEDIATE RETURN ON INVESTMENT. Steps from transit, hospitals, schools, and shopping, this prime location attracts A+ tenants and makes life convenient for all residents. With AMPLE PARKING,LOW-MAINTENANCE LANDSCAPIING AND THOUGHTFUL DESIGN FOR PRIVACY AND COMFORT,, this home checks every box function, form, and future potential. As interest rates ease and demand continues to grow, now is the time to secure a high-performing asset that fits your life and fuels your financial freedom.
Building information
Type
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Age
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Amenities
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Appliances
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Basement Features
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Basement Type
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Construction Style Attachment
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Living room
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Kitchen
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Bathroom
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Bedroom
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Bedroom
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Third level
Kitchen
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Bathroom
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Living room
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Bedroom
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Second level
Living room
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Kitchen
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Bathroom
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Bedroom
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Bedroom
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Courtesy of RE/MAX ESCARPMENT REALTY INC.
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