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133-135 N Wellington St

Hamilton, ON L8R 1N4
  • $899,990
  • STATUS: Active
  • ON SITE: 107 Days
  • ID#: X6121320
UPDATED: 81 min ago
$899,990
  • 8
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Single-Family Home
County:
Area:

School Ratings & Info

Description

Massive opportunity to sever this double lot legal fourplex into 2 duplexes and sell them for around $650k-$700k each. Or live in one unit and let the other 3 pay your mortgage. Or keep all 4 units rented out for one of the highest cashflowing properties you will find in this price range. Current rents: Unit 1: $1500 + Hydro, Unit 2: $1750 + Hydro, Unit 3: $1600 + Hydro, Unit 4: $2200 + hydro. All units are above ground, 4,935 sq ft + unfinished basement. 2 Brand new High efficiency furnaces. Sandwiched between 2 highrise buildings makes for incredible land value alone. Detached garage in the back could mean extra storage income or just demo it and create 3 more parking spots. High cashflow even with current mortgage rates. Main floor has two 2 bedroom apartments, upper levels have two 4 bedroom apartments. Each apartment comes with 2 living rooms.

Extras: 2 Brand new furnaces, 4 fridges, 4 stoves, washer, dryer, 2 hot water tanks

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-24T09:40:43.61.
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133-135 N Wellington St Hamilton, ON L8R 1N4

  • Price: $899,990
  • Status: Active
  • On Site: 107 Days
  • Updated: 81 min ago
  • ID#: X6121320
8
Beds
7
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Beasley
County:
Ontario
Area:
Hamilton
Property Description
Massive opportunity to sever this double lot legal fourplex into 2 duplexes and sell them for around $650k-$700k each. Or live in one unit and let the other 3 pay your mortgage. Or keep all 4 units rented out for one of the highest cashflowing properties you will find in this price range. Current rents: Unit 1: $1500 + Hydro, Unit 2: $1750 + Hydro, Unit 3: $1600 + Hydro, Unit 4: $2200 + hydro. All units are above ground, 4,935 sq ft + unfinished basement. 2 Brand new High efficiency furnaces. Sandwiched between 2 highrise buildings makes for incredible land value alone. Detached garage in the back could mean extra storage income or just demo it and create 3 more parking spots. High cashflow even with current mortgage rates. Main floor has two 2 bedroom apartments, upper levels have two 4 bedroom apartments. Each apartment comes with 2 living rooms.

Extras: 2 Brand new furnaces, 4 fridges, 4 stoves, washer, dryer, 2 hot water tanks
Exterior Features

Drive Pvt Double Exterior Alum SidingBrick Front Fronting On W Garage Type Detached Lot Depth 123.60 Lot Front 43.10 Lot Size Code Feet Parking Spaces 2 Pool None Property Features Public TransitRec CentreSchool Style 2 1/2 Storey

Interior Features

Air Conditioning None Basement Unfinished Bedrooms Plus 4 Family Room Yes Fireplace Or Stove Yes Heat Source Gas Heating Forced Air Kitchens 4 Laundry Level Lower Room1 Kitchen Room10 Br Room11 Living Room12 Rec Room2 Kitchen Room3 Kitchen Room4 Kitchen Room5 Br Room6 Br Room7 Living Room8 Dining Room9 Br Rooms 27 Rooms Plus 2

Property Features

Cross Streets Wellington/Wilson Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2022 Taxes 4446.00 Total Parking Spaces 3.0 Water Municipal Zoning D5

Listing courtesy of Century 21 Empire Realty Inc.
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-24T09:40:43.61.
 
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The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.
295 Queen St East
Brampton ON, L6W 4S6