Hamilton (corktown), ON L8N1P4,27 GROVE STREET
Hamilton (corktown), ON L8N1P4,27 GROVE STREET
Hamilton (corktown), ON L8N1P4,27 GROVE STREET
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$849,900
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3 BD
3 BA
Active

27 GROVE STREET Hamilton (corktown), ON L8N1P4

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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


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Mica Sadler

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27 GROVE STREET