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Listed price in listed location currency (CAD).
$794,900

633

MLS® 40599681

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2000 sqft
Garage Yes
Taxes $3,489
Lot Size 
Approx. Age 1891
Avg. Price Per Sqft $397
MLS® Number 40599681

Property Address: 51 Smith Ave, Hamilton, ON, L8L5P2

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40599681
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1891
BasementSeparate Entrance, Full, Finished
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jul 2, 2024End Date
-Sold Price

Withdrawn

May 5, 2026List Date
$794,900List Price
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  • Commute

Commute

Starting Address
Destination Address
51 Smith Ave, Hamilton, ON

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