99 East 36th Street Active

Hamilton,ON L8V 3Z2

$ 699900

3 Beds

2 Baths

787 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 787 sqft

Price per Sqft $889

MLS Listing ID 40777691

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1950

Annual Tax Amount $4,300

Property Sub-Type Detached

Property Description

Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow!

Location

Province ON

County Hamilton

Area 17 - Hamilton Mountain

Zoning R1

Rooms

Kitchen 0

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Laundry In-Suite

Exterior

Exterior Feature Private Entrance

Parking Features Detached Garage,Garage Door Opener

Garage Spaces 1.5

Roof Type Asphalt Shing

Building

Lot Description Urban,Hospital,Library,Park,Place of Worship,Public Transit,Rec./Community Centre,School Bus Route,Schools

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

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