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$1,100,000
Available - For Sale
Listing ID: X12331842
A Savvy Investors Dream: Turn-Key Triplex with Guaranteed Positive Cash Flow & stellar tenants already in place. Meticulously renovated dwelling offers a rare opportunity for an investor to acquire a high-performing asset with zero startup headaches. This property was completely renovated July 2022 with an unwavering commitment to quality and longevity with newer shingles and new concrete walkways. The electrical system was redone in 2022 to provide a separate meter & panel for each unit. High efficiency Trane A/C unit with 10 yr warranty was installed in July 2023, and a new York High-Efficiency furnace, both have transferable warranties. All new ductwork for unit #3.Inside, each of the three units have been exquisitely finished to attract & retain premium tenants. In each apt are new modern kitchens featuring sleek quartz countertops, and matching backsplash & five new appliances, for a total of 15 across the property. The bathrooms have all been fully renovated with modern fixtures and finishes. Solar Film professionally applied to 20 windows by SunOut Solutions for enhanced privacy and energy efficiency. Ventilation fans and air intake installed in the crawl space by Black & White Construction to prevent mold and mustiness. The property is equipped with two Wi-Fi-enabled security cameras with remote access and video storage. Each unit, including the rear door for unit one, features keypad locks for keyless convenience. An EcoBee Wi-Fi-enabled thermostat allows for remote temperature control and can be locked with a code, giving the owner full control over efficiency. Added security measures, like bars on glass door inserts and an extra window AC unit, are a commitment to tenant safety& comfort. Nestled just minutes from transit, the Redhill Expressway, and the QEW, to conservation areas, King Forest Golf Club and the Rosedale Tennis Club. Investment Opportunities like this are exceptionally rare & demand swift action.
Price $1,100,000
Taxes: $4,442.58
Occupancy by: Tenant
Address: 773 Lawrence Road , Hamilton, L8K 1Z7, Hamilton
Acreage: < .50
Directions/Cross Streets: Lawrence Rd & Rosedale Ave
Rooms: 12
Rooms +: 5
Bedrooms: 5
Bedrooms +: 1
Washrooms: 3
Family Room: T
Basement: Separate Ent
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 18.99 14.27 Combined w/Dining
Room 2: Main Kitchen 17.22 8.00
Room 3: Main Bedroom 12.27 10.20
Room 4: Main Bedroom 8.99 10.20
Room 5: Main Bedroom 8.99 7.81
Room 6: Main Bathroom 8.89 5.22 4 Pc Bath
Room 7: Main Laundry 18.66 6.40
Room 8: Second Kitchen 18.66 13.84 Eat-in Kitchen
Room 9: Second Living Ro 18.66 15.25
Room 10: Second Sitting 18.11 14.10
Room 11: Second Bedroom 9.48 9.32
Room 12: Second Bedroom 9.48 9.32
Room 13: Second Bedroom 9.48 8.20
Room 14: Second Bathroom 10.20 7.68 4 Pc Bath
Room 15: Second Laundry 0 0
No. of Pieces Level
Washroom 1 4 Ground
Washroom 2 4 Second
Washroom 3 3 Basement
Washroom 4 0
Washroom 5 0
Washroom 6 4 Ground
Washroom 7 4 Second
Washroom 8 3 Basement
Washroom 9 0
Washroom 10 0
Washroom 11 4 Ground
Washroom 12 4 Second
Washroom 13 3 Basement
Washroom 14 0
Washroom 15 0
Property Type: Detached
Style: 2-Storey
Exterior: Metal/Steel Sidi
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 3
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Golf
Greenbelt/Conserva
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

773 Lawrence Road , Hamilton, L8K 1Z7, Hamilton


 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Rosedale
Style: 2-Storey
Lot Size: x 98.00(Feet)
Approximate Age: 51-99
Tax: $4,442.58
Maintenance Fee: $0
Beds: 5+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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