38 Viewpoint Avenue Hamilton (Eastmount), Ontario L8V 2S5
$1,585,000
Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing. **** EXTRAS **** NOI between $87,764 - $95,516 (id:50886)
Property Details
| MLS® Number | X9308850 |
| Property Type | Single Family |
| Community Name | Eastmount |
| ParkingSpaceTotal | 4 |
Building
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete, Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft ,2 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50.07 X 125.2 Ft |
| SizeTotalText | 50.07 X 125.2 Ft |
https://www.realtor.ca/real-estate/27389245/38-viewpoint-avenue-hamilton-eastmount-eastmount
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Lucie Brusse
Salesperson
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September 09 2024 10:07:54
Toronto Real Estate Board
Royal LePage Burloak Real Estate Services