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$1,199,900
Available - For Sale
Listing ID: X12061198
171 Stone Church Road East , Hamilton, L9B 1A8, Hamilton
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
Price $1,199,900
Taxes: $3,302
Occupancy by: Tenant
Address: 171 Stone Church Road East , Hamilton, L9B 1A8, Hamilton
Directions/Cross Streets: Upper Wellington Strete
Rooms: 21
Bedrooms: 16
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Separate Ent
Finished
No. of Pieces Level
Washroom 1:  9
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL REALTY INC.

Listing added to compare list, click here  to view comparison chart.
Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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