$999,900
Hamilton
14 Concession 11 Road East, Hamilton, Ontario, L8B1H8
This multi-family property in Hamilton is for sale offering roughly 2,250 sq ft of space. It has been on the market 50 days, fresher than the Hamilton average of 65 days.
Welcome to 14 Concession Rd East in Freelton, a unique and versatile custom-built duplex situated on an impressive approximately half-acre lot in the heart of Flamborough. Built in 1972 by the family who still proudly owns the property today, this special home has been lovingly maintained by the same family for over five decades and offers an exceptional opportunity for homeowners, extended families, or savvy investors.Featuring two completely separate and self-contained units, each with its own private entrance, 3 bedrooms and 1 bathroom. Each unit also has its own furnace and hot water tank, offering added independence and convenience. Two separate driveways provide an abundance of parking, with ample space for multiple vehicles for each unit.Set on a generous 216.67 x 100.18 ft lot, there is plenty of outdoor space to enjoy, along with three storage sheds for added functionality. Tucked away in a peaceful setting, yet conveniently located close to Highway 401, Highway 403 and Highway 6, with easy access to Guelph, Hamilton, Cambridge, Burlington, Halton Hills and surrounding communities. Live in one unit while generating rental income from the other, accommodate extended family, or take advantage of the investment potential in this growing and sought-after area. With its generous lot, two independent living spaces, separate mechanical systems and exceptional parking, 14 Concession Rd East offers flexibility and opportunity that is increasingly difficult to find.A truly unique property with a wonderful family history and endless possibilities. Come see everything this Freelton duplex has to offer! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 65 days across the listings currently for sale in this city
This 6-bed multi-family in Hamilton has been listed for 50 days, which is 15 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,900, about 7.6× the local median household income of $131,000.
Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8B)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.