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For sale · MLS® X13207934

154-156 Freelton Road, Hamilton, ON L8B 0Z5

Hamilton, ON L8B 0Z5

$1,550,000Asking price
MLS entry age: 157 days13 Bedrooms11 Bathrooms— Reported areaMultiplex Type

About this property

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.

Property facts & features

Days on market
Not reported
Property type
Multiplex
MLS® number
X13207934
Source status
Extension
Bedrooms
13
Bathrooms
11
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
L8B 0Z5
Parking spaces
9
Garage
Attached
Lot depth (source units)
252
Annual property tax
5253
Basement
Full, Partially Finished, Walk-Out
Laundry
Not provided
Interior features
Separate Hydro Meter
Exterior features
Not provided
MLS entry age (not confirmed DOM)
157 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

Extension · $1,550,000

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: RE/MAX ESCARPMENT REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13207934. Information deemed reliable but not guaranteed.

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Property at 154-156 Freelton Road, Hamilton, ON L8B 0Z5