241 West 5th Street Hamilton, ON L9C 3N8
7 Beds
2 Baths
900 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $698
MLS Listing ID 40742659
Style Bungalow
Bedrooms 7
Full Baths 2
Abv Grd Liv Area 900
Annual Tax Amount $3,600
Property Sub-Type Detached
Source Hamilton - Burlington
Property Description
The property features a finished basement with a separate entrance, two private entrances (front and rear), and a detached garage with ample parking. Zoned for a fourplex, the property offers significant potential for future expansion or
redevelopment, adding long-term value to an already strong income-producing asset. It is professionally managed by a property management company, providing hands-off ownership. The property is currently cash-flow positive, making it ideal for investors seeking stable, passive income from day one. Located near the LINC, major shopping centers, schools, public transit, and recreational facilities, this home benefits from steady rental demand and future growth potential. A rare opportunity to secure a low-maintenance, high-yield property in one of Hamilton's most sought-after rental locations.
Location
Province ON
County Hamilton
Area 15 - Hamilton Mountain
Zoning C
Direction FENNELL W/WEST 5TH
Rooms
Basement Separate Entrance, Full, Finished
Main Level Bedrooms 5
Kitchen 2
Interior
Interior Features None
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry In Basement
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Roof Type Asphalt Shing
Lot Frontage 50.0
Lot Depth 103.31
Garage No
Building
Lot Description Urban, Hospital, Major Highway, Public Transit, Schools
Faces FENNELL W/WEST 5TH
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 170250004
Ownership Freehold/None