$800,000
$895,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
SOLD DATE : 05/27/2025
Key Details
Sold Price $800,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Beasley
MLS Listing ID X12064458
Sold Date 05/27/25
Style 2 1/2 Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $5,012
Tax Year 2024
Property Sub-Type Detached
Property Description
LIVE IN ONE UNIT, LET THE OTHERS PAY YOUR MORTGAGE or BUILD YOUR PORTFOLIO WITH A TURNKEY LEGAL TRIPLEX+BONUS POTENTIAL Welcome to this beautifully renovated, fully legal triplex in one of the city's most vibrant and high-demand neighbourhoods. Whether you're a savvy investor, a first-time buyer, or a multi-generational family, this rare offering delivers the perfect blend of lifestyle flexibility and income potential WITH CITY-APPROVED PLANS TO ADD A FOURTH UNIT ALREADY IN PLACE! Renovated top to bottom in 2019, each unit boasts modern finishes, updated mechanicals, separate entrances, in-suite laundry, and individual utilities keeping maintenance low and tenant appeal high. Move into the unit that fits your lifestyle and let the other suites generate reliable rental income, or rent them all out and enjoy passive cash flow from day one. WITH A NET OPERATING INCOME OF OVER $49K ANNUALLY, this is a financially smart choice, no matter your goals. The approved fourth unit unlocks an exciting value-add opportunity ideal for future appreciation, added cash flow, or a BRRRR strategy (buy, renovate, rent, refinance, repeat). Either way, this property is poised for both LONG-TERM EQUITY GROWTH AND IMMEDIATE RETURN ON INVESTMENT. Steps from transit, hospitals, schools, and shopping, this prime location attracts A+ tenants and makes life convenient for all residents. With AMPLE PARKING,LOW-MAINTENANCE LANDSCAPIING AND THOUGHTFUL DESIGN FOR PRIVACY AND COMFORT,, this home checks every box function, form, and future potential. As interest rates ease and demand continues to grow, now is the time to secure a high-performing asset that fits your life and fuels your financial freedom.
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Zoning Triplex
Rooms
Family Room Yes
Basement Separate Entrance, Full
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Water Heater Owned, Water Meter
Cooling None
Exterior
Parking Features Lane
Pool None
View Clear
Roof Type Asphalt Shingle
Lot Frontage 26.19
Lot Depth 121.75
Total Parking Spaces 3
Building
Foundation Stone
Others
Senior Community No
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