Property Description
Incredible Investment Opportunity In Central Hamilton With A Turnkey Legal Non-Conforming Duplex Operating As A Triplex For Over 30 Years, Now With Potential To Add A Laneway Suite. Nestled On A Picturesque Tree-Lined Street Directly Across From St. Brigid School. Professionally Waterproofed, Upgraded Electrical, And All Units Have Been Tastefully Updated. Additionally, There?s A Detached Workshop With Electricity, Perfect For Hobbyists Or Additional Storage. Over 3,000 Sq Ft Of Living Space Across Three Units: An Approx 1,000 Sq Ft Main Floor 2 Bed Unit, An Approx 1,500 Sq Ft Upper 3 Bed Unit Including A Loft With, And A Cozy Approx 725 Sq Ft Lower 1 Bed Unit. Very Rare – Each Unit Has Its Own Laundry For Utmost Convenience. No Carpeting In Any Of The Units Ensures Ease Of Maintenance. High-Efficiency Forced Air Gas Furnace Installed In 2018, Two 100A Breaker Panels Updated In 2014. Parking Is Ample, With A Front 2 Car Driveway And Additional Space At The Rear. Main Floor Unit Currently Vacant, Offering Potential Rental Income Of $2,200/Month, Upper And Lower Units Are Tenant-Occupied, Bringing In $1,590/Month Plus Hydro And $922.50 /Month Inclusive, Respectively. Tenants Are Month To Month. Easy Access To Local Amenities, Schools, And Public Transportation. Please Note, The Seller Does Not Warrant The Retro-Fit Status Of The Property. Seize This Unique Opportunity To Own A Versatile Property With Excellent Income And The Chance To Further Develop, Or Purchase As A Mortgage Helper.
Features
: Finished
2
: Municipal
: Brick
3
None
Additional Information
ROCK STAR REAL ESTATE INC.
Cannon St E/Upper Wentworth St N
123
24
: Forced Air
: Sewers
A
$3,489
2024
100+
: Gas
: 2 1/2 Storey
2
N
: Sep Entrance
Address Map
51
Smith
Ave
0
W80° 9' 0.7''
N43° 15' 31.1''

51 Smith Ave

Hamilton, Ontario L8L 5P2

5 Bedrooms
3 Bathrooms
$799,900
Listing ID #X8239030
Basic Details
Property Type : Triplex
Listing Type : Sale
Listing ID : X8239030
Price : $799,900
Bedrooms : 5
Rooms : 9
Bathrooms : 3
Year Built : 0
Country : CA
Province : Ontario
Area : Hamilton
Municipality : Hamilton
Postal Code : L8L 5P2
Community : Landsdale
Approx Sqft. : 2000-2500
Additional Room : 1
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