108 VICTORIA AVENUE N, Hamilton, Ontario L8L 5E5
$849,000.00
- 9 bedrooms
- 4 bathrooms
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air ... read more
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital, public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout (id:25417)
- Listing ID: X13473090
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 31 by 155 FT Fenced Yard |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Oven, Range, Refrigerator, Washer and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Brick Facing |
| Basement: | N/A, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Public Transit, School Bus and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 3.33 m x 2 m |
| Living room | Second level | 4.32 m x 3 m |
| Bedroom | Second level | 2.41 m x 2.72 m |
| Bedroom 2 | Second level | 3.61 m x 3.02 m |
| Living room | Third level | 4.83 m x 3.48 m |
| Kitchen | Third level | 3.45 m x 2.92 m |
| Bedroom | Third level | 3.61 m x 3.02 m |
| Living room | Main level | 4.22 m x 3.33 m |
| Kitchen | Main level | 5.11 m x 3.63 m |
| Bedroom | Main level | 5.31 m x 3.33 m |
| Bedroom 2 | Main level | 4.55 m x 2.62 m |
| Bedroom 3 | Main level | 3.33 m x 2.95 m |
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