Turnkey 4-unit investment in Hamilton's Gibson neighbourhood. This legal duplex plus 2 additional units offers a total of 4 self-contained units, fully tenanted and ready for the next owner to take over. Fully renovated in 2021, all units feature modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes and renovated bathrooms. The main floor (Unit 1) is a 1 bed, 1 bath, the second floor (Unit 2) is a 2 bed, 1 bath, Unit 3 is a bachelor with 1 bath, and the basement (Unit 4) is a 1 bed, 1 bath. Current gross rent is $5,585/month ($67,022/year), current net operating income is approx. $53,564/year, a 7.4% cap rate. Income and expense summary available on request. The property has 2 hydro meters and 2-car parking at the rear, accessible from both the front and the back of the property, plus street parking. Close to King St E shops and transit, the future LRT line, schools and parks, with downtown Hamilton minutes away.More details
Welcome to 36 Brighton! This maintained home is currently being used as a triplex. This is a great addition or start to your real estate investment portfolio. Fully tenanted, positive cashflow investment! Located in the fantastic location, this home offers unbeatable easy access to shopping, dining, highways, transit, schools, parks, and the downtown. This home features 5 beds, 3 baths and 3 kitchens. The main floor is a two bed apartment. The side door leads to the second floor one bedroom apartment and lower two bedroom apartment. Apartments have in-suite laundry. Freshly painted.More details
Rare opportunity to own a legal duplex in a prime St. Catharines location with vacant possession of both units. Whether you're an investor looking to maximize rental income with market rents or a buyer seeking a mortgage helper, this property offers exceptional flexibility. The main level features a spacious 2-bedroom unit with basement access, while the upper level offers a bright 1-bedroom suite with its own private entrance. Situated on a generous lot with ample parking, a large backyard, and efficient radiant heating, this property is ideally located near Ridley College, Brock University, downtown St. Catharines, major transit routes, schools, shopping, and healthcare facilities. An excellent opportunity to live in one unit and rent the other, or add a turn-key income property to your portfolio.More details