4 Bedroom
2 Bathroom
1,462 ft2
Central Air Conditioning
Forced Air
$799,900
Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there’s no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. (id:50976)
Property Details
|
MLS® Number
|
40807060 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Park, Schools, Shopping |
|
Parking Space Total
|
4 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
4 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,462 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
156 Ft |
|
Size Frontage
|
80 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R1 |
https://www.realtor.ca/real-estate/29392966/641-limeridge-road-e-hamilton