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773 LAWRENCE Road — photo 1 of 251 / 25

773 LAWRENCE Road

Hamilton, Ontario, L8K1Z7

$999,999

Bedrooms

4

Bathrooms

3

Living area

2,520 square feet

Parking

3

About this property

Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential.The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income.Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies.The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping.The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market. (id:66779)

Details

Sewer
Municipal sewage system
Cooling
Central air conditioning
Heating
Forced air, Natural gas
List aor
Cornerstone
Stories
2
Basement
Finished, Full
Fireplace
No
Lot features
Conservation/green belt, Paved driveway
Water source
Municipal water
Structure type
Triplex
Tax annual amount
4,671.06
Exterior features
Metal
Community features
School Bus, Community Centre
Zoning description
C/S-1164
Property attached
Yes
Above grade finished area
2,520

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