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93 BARNESDALE BOULEVARD Hamilton (stipley), ON L8M2V5
5 Beds
3 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $257
Subdivision Stipley
MLS® Listing ID X12146213
Bedrooms 5
Source Toronto Regional Real Estate Board
Property Description
LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath $2152.50 + hydro, second floor 2bed, 1 bath $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on opposite side (ideal for storage-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit will be VACANT on possession! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by REVEL REALTY INC.
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