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$779,000
Hamilton
100 Grant Avenue, Hamilton (Stinson), Ontario, L8N2X7
This multi-family property in Hamilton is for sale offering roughly 2,250 sq ft of space. It has been on the market 51 days, fresher than the Hamilton average of 90 days.
INVESTMENT Property in the desirable Stinson neighbourhood of Hamilton, offering an excellent location and featuring a readily tenanted duplex with excellent tenants and both units leased at strong market value. This income-generating property offers two bright and spacious, self-contained above-grade units, with approximately 2,054 sq ft of above-grade living space plus an additional 880 sq ft of finished basement space. Each unit has a separate entrance and dedicated rear parking space. Unit 1 on the main floor features charming high ceilings, large windows, abundant natural light, one bedroom, a full bathroom with double vanity, a spacious kitchen, and a large great room combined with dining area. Private in-suite-style laundry is located in the basement. Unit 2 on the second floor has been freshly painted and offers three bedrooms, a full bathroom with double vanity, kitchen combined with dining area, a bright family room, and private in-suite laundry. An ideal opportunity for investors seeking a well-located, income-generating property with two separate residential units. Located minutes from Downtown Hamilton, Hamilton GO Centre, West Harbour GO Station, McMaster University, Mohawk College, St. Joseph's Healthcare Hamilton, and Hamilton General Hospital. Don't miss this opportunity! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 90 days across the listings currently for sale in this city
This 4-bed multi-family in Hamilton (Stinson) has been listed for 51 days, which is 39 days fresher than the city average of 90. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $779,000, about 14.2× the local median household income of $54,800.
Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 178% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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