Welcome to this legal 2 unit family home, located in the highly desirable Hamilton Mountain !


Property

Website:https://www.nestseekers.com/5619546
Address:
Hamilton L8V 1X6
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 4

Financials

Price:C999,000
($709,100)
(€622,600)
Annual Taxes:C6,228.94

Description

Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.

Amenities

  • Other

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario