260 Prospect St S Hamilton, Ontario L8M 2Z9
4 Bedroom
2 Bathroom
Central Air Conditioning
Forced Air
$697,000
Legal duplex!! Calling all investors looking for an opportunity or homebuyers eager to get into the market. This house is perfectly situated in the high demand Blakely neighbourhood. This property is fully leased, collecting approximately $41,000.00 annually with an NOI of $31,700 offering a compelling ROI, boasting a cap rate around 4.2%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can live in one unit while collecting rent thereby reducing their monthly expenses between $1,500 to $2,000 per mo. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its's gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.**** EXTRAS **** Must make appointment for showings. Best times are Wednesday 6 pm to 8 pm, Saturday 10 am to 12 pm, Sunday 1 pm to 3 pm. Tenants on main floor would like to stay. (id:51013)
Property Details
| MLS® Number | X8152754 |
| Property Type | Single Family |
| Community Name | Blakeley |
| Amenities Near By | Hospital, Park, Schools |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Schools |
| Size Irregular | 50 X 100 Ft |
| Size Total Text | 50 X 100 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 3.3 m | 3.56 m | 3.3 m x 3.56 m |
| Main Level | Bedroom | 2.9 m | 3.1 m | 2.9 m x 3.1 m |
| Main Level | Bedroom 2 | 2.59 m | 3.5 m | 2.59 m x 3.5 m |
| Main Level | Kitchen | 3.35 m | 3.66 m | 3.35 m x 3.66 m |
| Main Level | Dining Room | 3.05 m | 3.81 m | 3.05 m x 3.81 m |
| Upper Level | Living Room | 3.86 m | 5.08 m | 3.86 m x 5.08 m |
| Upper Level | Bedroom | 3.35 m | 3.51 m | 3.35 m x 3.51 m |
| Upper Level | Bedroom | 3.35 m | 2.9 m | 3.35 m x 2.9 m |
Utilities
| Sewer | Installed |
| Natural Gas | Installed |
| Electricity | Installed |
| Cable | Available |
https://www.realtor.ca/real-estate/26638033/260-prospect-st-s-hamilton-blakeley
Contact Us
Contact us for more information
Ken Klinaftakis
Salesperson
Harvey Kalles Real Estate Ltd.
2316 Bloor Street West
Toronto, Ontario M6S 1P2
2316 Bloor Street West
Toronto, Ontario M6S 1P2
(416) 441-2888
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March 19 2024 12:47:03
Toronto Regional Real Estate Board
Harvey Kalles Real Estate Ltd.
