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$760,000
Hamilton
19 LOTTRIDGE Street, Hamilton, Ontario, L8L6T7
This multi-family property in Hamilton is for sale offering roughly 1,975 sq ft of space.
19 Lottridge is a fantastic turnkey investment! A fully stabilized triplex in a highly sought-after Hamilton location, expertly renovated top-to-bottom with professional finishes, modern fixtures, upgraded energy-efficient windows and systems, and separate meters for effortless tenant billing; all three units are leased to A+ tenants delivering dependable, immediate cash flow (Unit 1 $1600 + hydro, Unit 2 $1,450 + hydro, Unit 3 $1,400 + hydro), and the detached garage contributes an additional $500/month, further boosting net income and making this an irresistible. Additionally, there is opportunity to finish the basement for even more cashflow. This low-management investment or owner-occupier opportunity is minutes on foot to downtown amenities, shopping, schools, community centres and Tim Hortons Field, this property combines strong rental demand, immediate revenue, and long-term appreciation potential; schedule your private viewing today! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 65 days across the listings currently for sale in this city
This 5-bed multi-family in Hamilton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $760,000, about 11.7× the local median household income of $65,000.
Carrying it typically needs a household income of about $148,455 (20% down, 25-yr amortization, stress-tested) — roughly 128% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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