33 East WOOD Street East, Hamilton, Ontario, L8L3Y2




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$775,000
Hamilton
This multi-family property in Hamilton is for sale offering roughly 2,200 sq ft of space.
7% cap rate + VTB Steps to the Bayfront, Art Crawl and GO station. VERY desirable area! 488 Hughson St N and 33-35 Wood St E, must be sold together, total ask price $1,890,000- $945,000 each. There are 2 deeds/2 lots. Both are legal 4 plexes, a total of 8 units. Fully renovated along with common areas. 8 hydro meters rewired with permits, 2 furnaces approx 13yrs. Proforma, plans, information sheet, zoning verifications attached as a supplement. Street parking only. All water lines replaced, most sewer stacks replaced, back roof redone, newer windows, exterior paint, all eavestroughs and facia newer. Seller willing to consider a VTB up to 80%LTV. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 379 days on market, against an average age of 65 days across the listings currently for sale in this city
This 3-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 $775,000, about 11.9× the local median household income of $65,000.
Carrying it typically needs a household income of about $151,385 (20% down, 25-yr amortization, stress-tested) — roughly 133% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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Loading rates, 30-yr amortization
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