Property Description

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don’t miss out on this exceptional investment opportunity!

Features
: Forced Air
: Central Air
: Y
Address Map
CA
Ontario
Hamilton
L8R 2Z7
CROOKS
43
0
W80° 7' 11.3''
N43° 15' 58.6''
More info
RE/MAX Aboutowne Realty Corp., Brokerage
130
2024-11-22 15:41:29.0
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Investment For Sale

43 CROOKS St, Hamilton, Ontario L8R 2Z7

  • Area: 1,747 Sqft
  • Visits : 2 in 1 days
$1,175,000
Listing ID#X10403326
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X10403326
Price : $1,175,000
Area : 1,747 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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