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$759,900
Available - For Sale
Listing ID: X12517690
Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome.
Price $759,900
Taxes: $3,099.07
Occupancy by: Tenant
Address: 125 Sanford Avenue North , Hamilton, L8L 5Z4, Hamilton
Acreage: < .50
Directions/Cross Streets: Barton & Sanford
Rooms: 10
Bedrooms: 7
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Separate Ent
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 11.68 9.74
Room 2: Main Bedroom 13.32 12.99
Room 3: Main Bedroom 2 16.56 10.33
Room 4: Main Bedroom 3 14.76 12.00
Room 5: Second Bedroom 4 14.66 10.82
Room 6: Second Bedroom 5 13.09 9.15
Room 7: Second Bedroom 11.58 10.00
Room 8: Second Kitchen 10.00 10.00
Room 9: Third Family Ro 14.01 12.00
Room 10: Third Kitchen 13.48 12.99
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Third
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  4 Third
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Second
Washroom 13:  4 Third
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Second
Washroom 18:  4 Third
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Second
Washroom 23:  4 Third
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  4 Second
Washroom 28:  4 Third
Washroom 29:  0
Washroom 30:  0
Property Type: Duplex
Style: 2 1/2 Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 4
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Lane
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Hospital
Park
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: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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NEW ERA REAL ESTATE

125 Sanford Avenue North , Hamilton, L8L 5Z4, Hamilton

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 2 1/2 Storey
Lot Size: x 94.00(Feet)
Approximate Age: 100+
Tax: $3,099.07
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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