See all 40 photos
$849,900
Est. payment /mo
3 BD
3 BA
Active
27 GROVE STREET Hamilton (corktown), ON L8N1P4
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Corktown
MLS® Listing ID X11881114
Bedrooms 3
Originating Board Toronto Regional Real Estate Board
Property Description
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro,Upper Unit: $1,900 + hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20%down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Sanitary sewer
GET MORE INFORMATION
Quick Search