1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

For saleJust listed

Today

$680K

1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

3 bd1 ba2 pk1,323 ft²

Listed by RE/MAX Escarpment Realty Inc.

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

For saleJust listed

Yesterday

$950K

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

6 bd4 ba2 pk2,896 ft²

62 BARNESDALE Avenue South, Hamilton, Ontario, L8M2V4

4 bd3 ba4 pk2,096 ft²

Listed by Re/Max Escarpment Realty Inc.

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

For saleJust listed

Yesterday

$849K

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

5 bd2 ba5 pk1,900 ft²

Listed by RE/MAX Escarpment Realty Inc.

Investment analysis

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$684,900

Hamilton

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$684,900

For sale

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58 SANDALWOOD Avenue, Hamilton - Multi-family for Sale

58 SANDALWOOD Avenue, Hamilton, Ontario, L8T2E3

5 beds2 baths4 parking1,085 ft²Listed 34 days ago

Overview

This multi-family property in Hamilton is for sale offering roughly 1,085 sq ft of space. It has been on the market 34 days, fresher than the Hamilton average of 65 days.

Multi-Family Properties for Sale in Hamilton →All real estate in Hamilton →

Description

*LEGAL DUPLEX for sale in Hamilton. Grossing $4550 monthly (Main - $2600 and Lower - $1950). Separate panels and electrical meters. This renovated bungalow-duplex is the ideal investment. Each unit has a modern kitchen with quartz counters, a deep trough sink, contemporary backsplash tile, and appliances (including washers/dryers). Both bathrooms have been renovated with deep soaker tubs, new cabinets and fixtures. Stylish plank flooring over new subfloor flows throughout the main level and in the spacious lower-level bedrooms, complemented by new interior doors and hardwood trim. Electrical and plumbing have all been updated. Located in a quiet neighbourhood close to schools and parks, just 8 mins to Limeridge and 15 mins to downtown Hamilton. (id:66096)

Property Details

MLS®: 40867425
Property Type: Multi-family
Zoning: C
Bedrooms: 5
Bathrooms: 2
Parking: 4
Interior Size: 1,085 ft²
Frontage: 50 ft
Units: 2
Year Built: 1955
Storeys: 1
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $5,060.33/yr
Listed: 34 days ago

Features

Appliances: Oven - Built-In
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Hamilton listings, avg age

65d

Price / ft²

$631

List price

$685K

Haho

This 5-bed multi-family in Hamilton has been listed for 34 days, which is 31 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · William Marlow

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8T)

This home lists at $684,900, about 8.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $133,785 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.

Median household income: $85,000
Population: 19,405
Median age: 43.6
Owner / renter: 67% / 33%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L8T)

$684,900· $631/ft²

For sale

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Full Cost Breakdown

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Down Payment6.35% · $43,490

Min 6.35%50%

Mortgage payment$3,556/mo

↳ CMHC premium ($25,656 capitalized)

Property tax (est.)$422/mo

Total monthly$3,978

Cash Needed to Close

Down payment (6.35%)$43,490

Land transfer tax$10,173

Est. closing costs$4,555

Total cash needed$58,218

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