PRIME INVESTMENT OPPORTUNITY: MULTI-FAMILY FOURPLEX IN HAMILTON, ONTARIO, CANADA

Asking Price: $1,100,000
109 Blake Street Hamilton, ON Canada

About 109 Blake Street:

For Sale: Multi-Family Fourplex in Hamilton, Ontario, Canada

Are you looking for a great investment opportunity in Hamilton, Ontario? Look no further! We are excited to present this multi-family fourplex that is now available for sale. Located in a desirable area of the city, this property offers a variety of features and amenities that make it a fantastic investment opportunity.

Situated on a spacious lot measuring 30 x 193 feet, this property offers ample space for tenants to enjoy. The building itself is a two and a half-story structure with a total square footage of 2,842 square feet. The interior of each unit is well-maintained and offers comfortable living spaces for tenants.

Each unit features a range of interior amenities, including appliances such as a dryer, refrigerator, stove, and washer. The basement is fully finished, adding additional living space for tenants. The property also offers an in-law suite, providing the opportunity for extended family members to live together while maintaining privacy.

The exterior of the building boasts an attractive combination of aluminum siding and brick, giving it a classic and timeless appearance. The detached garage offers parking space for tenants, providing convenience and security.

One of the standout features of this property is its prime location. Situated in a park setting, the property is surrounded by green space, offering a peaceful and serene environment for tenants to enjoy. Additionally, the property is conveniently located near parks and reserves, making it an ideal location for those who enjoy outdoor activities.

The property is also within close proximity to various amenities, including hospitals, public transit options, and schools. This makes it an excellent choice for potential tenants who value convenience and accessibility.

In terms of heating and cooling, the property is equipped with a forced air system powered by natural gas. This ensures that tenants can stay comfortable year-round. The property also features a fire alarm system and smoke detectors, prioritizing the safety of tenants.

With a total of four units, this property offers a great opportunity for rental income. The annual property taxes for this property are $3,192 CAD, making it an affordable investment option.

Overall, this multi-family fourplex in Hamilton, Ontario offers a fantastic investment opportunity. With its desirable location, spacious lot, and attractive features, it is sure to attract tenants and provide a steady stream of rental income. Whether you are an experienced real estate investor or someone looking to enter the market, this property is worth considering.

Don't miss out on this opportunity! Contact us today to schedule a viewing and learn more about this incredible investment property in Hamilton, Ontario, Canada.

Features of Property

Type of Real Estate

Multi-family

Type of Building

Fourplex

Floors

2.5

Square Footage

2842 sqft

Land Size

30 x 193|under 1/2 acre

Annual Property Taxes

$3,192 (CAD)

Parking Type

Detached Garage

Location

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Features of Building

Interior Features
Included Appliances

Dryer, Refrigerator, Stove, Washer

Basement Type

Full (Finished)

Building Features
Features

Park setting, Park/reserve, Double width or more driveway, Level, Carpet Free, In-Law Suite

Foundation

Poured Concrete, Stone

Style

Detached

Architecture Style

Multi-Unit

Fire Protection

Fire alarm system, Smoke Detectors

Square Footage

2842 sqft

Rental Equipment

Water Heater

Total Units

4

Heating & Cooling
Heating System

Forced air (Natural gas)

Utilities
Utility Sewer

Municipal sewage system

Water

Municipal water

Exterior Features
Exterior Finish

Aluminum siding, Brick

Exterior Building Size

2842 sqft

Business
Business Type

Residential (Residential)

Neighbourhood Features
Nearby

Hospital, Public Transit, Schools

Parking
Parking Type

Detached Garage

Number of Parking Spaces

4

Plot Details

Lot Features
Frontage

30 ft

Land Depth

193 ft

Soil Type

Clay, Loam

Other Property Information
Zoning Description

Multi Family

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Property Agent

Beau Spencer

Real Broker Ontario Ltd.

4145 North Service Rd. 2nd Flr, Burlington, Ontario L7L6A3

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