$850,000
Est. payment /mo
5 Beds
4 Baths
3,167 SqFt
New
28 EASTBOURNE Avenue Hamilton, ON L8M2M7
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,167 sqft
Price per Sqft $268
Subdivision 220 - St. Clair/Blakeley
MLS® Listing ID 40762216
Bedrooms 5
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
Property Description
Incredible opportunity to own a meticulously upgraded legal triplex in Hamilton's desirable St. Clair neighbourhood. This solid 2.5-storey brick home offers approx. 2377 sq ft, 5 bedrooms, and 4 bathrooms, all set on a mature, tree-lined street just steps from Gage Park, schools, transit, and downtown amenities. Currently generating a strong 6.5% cap rate, this property is ideal for investors seeking turn-key income with minimal maintenance. Fully fire-code compliant with sprinkler system, fire-rated metal doors and windows, double drywall, and upgraded insulation and soundproofing. Recent upgrades include a fully rebuilt basement (waterproofed, soundproofed, insulated), updated electrical system, and a fully rebuilt second-floor deck and staircase. Unit 2 has been beautifully redone, featuring a modern kitchen with quartz countertops, undermount sink, updated bathroom, new flooring, and fresh paint throughout. The main floor bathroom has also been completely renovated. Appliances have been replaced across the property and include 4 fridges, 4 stoves, and a stackable washer/dryer. Exterior enhancements include professional landscaping in the front and backyards, a large rear deck, and a new front retaining wall for added curb appeal. A private single-lane driveway accommodates parking for 3 vehicles. This is a prime asset in a growth-focused area ideal for investors, multigenerational living, or owner-occupiers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features Yes
Community Features Quiet Area
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty
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