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5 MAPLEWOOD AVENUE — photo 1 of 1

5 MAPLEWOOD AVENUE

Hamilton (Blakeley), Ontario, L8M1W3

$899,900

Bedrooms

4

Bathrooms

4

Parking

3

About this property

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%. (id:66779)

Details

Sewer
Sanitary sewer
Cooling
Central air conditioning
Heating
Radiant heat, Natural gas
List aor
Toronto
Stories
2.5
Basement
Apartment in basement, Separate entrance, N/A, N/A
Utilities
Sewer, Electricity, Cable
Directions
Cross Streets: Sherman ave/Main St. E. ** Directions: Main st to Sherman ave.
Fireplace
Yes
Lot features
Carpet Free, In-Law Suite
Water source
Municipal water
Structure type
Triplex
Fireplaces total
2
Parking features
No Garage
Tax annual amount
4,500
Building features
Fireplace(s)
Exterior features
Brick
Foundation details
Block
Lot size dimensions
34.5 x 90 FT
Bedrooms above grade
3
Bedrooms below grade
1
Property attached
Yes

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