ON > Hamilton
Hamilton, ON L8N 1P4,27 Grove ST
Hamilton, ON L8N 1P4,27 Grove ST
Hamilton, ON L8N 1P4,27 Grove ST
Hamilton, ON L8N 1P4,27 Grove ST
Hamilton, ON L8N 1P4,27 Grove ST
Hamilton, ON L8N 1P4,27 Grove ST
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Quynh Tran

Quynh Tran

+1(416) 897-0778
$ 859,900
Est. payment | /mo

2 Beds

3 Baths

Save
$ 859,900
Est. payment | /mo
Save

2 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10432413

Style 2-Storey

Bedrooms 2

Annual Tax Amount $4,126

Tax Year 2024

Property Description

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) intrendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Buildingcurrently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit:$1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% downat a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features anew furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Eachunit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposedbrick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional privatepatio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units areoccupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unitpurchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.

Location

Province ON

County Hamilton

Community Corktown

Area Hamilton

Region Corktown

City Region Corktown

Rooms

Family Room No

Basement Apartment, Finished with Walk-Out

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 2

Building

Unit Features Hospital,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Concrete Block

Listed by REVEL REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 897-0778

qtran@residentialgta.com

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27 Grove ST