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$759,900
Hamilton
867 Upper Sherman Avenue, Hamilton (Thorner), Ontario, L8V3N2
This multi-family property in Hamilton is for sale offering roughly 1,106 sq ft of space. It has been on the market 49 days, fresher than the Hamilton average of 59 days.
Turnkey legal duplex on the desirable Hamilton Mountain! Main floor 2 bedroom unit can be easily be turned back into 3 bedrooms. With approximately 1,100 sq. ft. even the basement unit is very spacious. The main floor features a large kitchen, solid oak cabinetry, hardwood flooring throughout, 4-piece bath, and a spacious primary bedroom with gas fireplace. The open concept basement unit is approx 5 years old. Two hydro meters and two water meters allow each unit to pay 100% of their own utilities. Recent major updates include a newer A/C, roof and basement waterproofing. A+ tenants paying market rent, making this a turnkey investment, or live in one unit and have the other help offset your mortgage. Double-wide driveway to complete the package! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 59 days across the listings currently for sale in this city
This multi-family in Hamilton (Thorner) has been listed for 49 days, which is 10 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $759,900, about 11.1× the local median household income of $68,500.
Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8V)
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