125 N Sanford Avenue N Hamilton, Ontario L8L 5Z4
$759,900
Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. The loft unit is currently and intentionally kept vacant in case new owner wishes to live in it while renting floors below. Loft unit had been rented for 1450 for documented monthly. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome. (id:50886)
Property Details
| MLS® Number | 40786272 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Industrial Park, Community Centre, School Bus |
| Equipment Type | Water Heater |
| Features | Crushed Stone Driveway, Industrial Mall/subdivision, Shared Driveway, Laundry- Coin Operated, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Appliances | Microwave, Refrigerator, Stove |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1910 |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fixture | Ceiling Fans |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,203 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 94 Ft |
| Size Frontage | 26 Ft |
| Size Irregular | 0.06 |
| Size Total | 0.06 Ac|under 1/2 Acre |
| Size Total Text | 0.06 Ac|under 1/2 Acre |
| Zoning Description | D |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Eat In Kitchen | 10'0'' x 10'0'' | ||
| Second Level | Bedroom | 11'7'' x 10'0'' | ||
| Second Level | Bedroom | 13'1'' x 9'2'' | ||
| Second Level | Bedroom | 14'8'' x 10'10'' | ||
| Third Level | Family Room | 14'0'' x 12'0'' | ||
| Third Level | Bedroom | 13'6'' x 13'0'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 14'9'' x 12'0'' | ||
| Main Level | Bedroom | 16'7'' x 10'4'' | ||
| Main Level | Bedroom | 13'4'' x 13'0'' | ||
| Main Level | Eat In Kitchen | 11'8'' x 9'0'' |
https://www.realtor.ca/real-estate/29075549/125-n-sanford-avenue-n-hamilton
Contact Us
Contact us for more information
Adrian Di Pietro
Salesperson
171 Lakeshore Road E. Unit 14
Mississauga, Ontario L5G 4T9
(416) 508-9929
www.newerarealestate.ca/
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November 07 2025 02:30:15
REALTORS® Association of Hamilton-Burlington
New Era Real Estate