Homes for sale - 164 WENTWORTH STREET S, Hamilton (stinson), ON L8N...

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Roshan Basnet

realtorbasnet@gmail.com +1(647) 818-7373

$ 880,000

Est. payment | -/mo

5 Beds

3 Baths

2,000 SqFt

Save

$ 880,000

Est. payment | -/mo

Save

5 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $440

Subdivision Stinson

MLS® Listing ID X12394367

Bedrooms 5

Source Toronto Regional Real Estate Board

Property Description

PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated and paying market rents and utilities (providing a built-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. ***FINANCIALS & CAPEX: See verifiable financial info, recent capital upgrades, and other info in attachment. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.88 m X 3 m Living room

Extra Room 2 Second level 3.52 m X 3.61 m Kitchen

Extra Room 3 Second level 4.01 m X 2.49 m Bedroom

Extra Room 4 Second level Measurements not available Living room

Extra Room 5 Second level Measurements not available Kitchen

Extra Room 6 Second level Measurements not available Primary Bedroom

Interior

Heating Radiant heat

Flooring Hardwood

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

164 WENTWORTH STREET S Hamilton (stinson), ON L8N2Z2