Homes for sale - 27 Grove ST, Hamilton, ON L8N 1P4

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jan

Sun

Jan

Mon

Jan

Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 829,900

Est. payment | -/mo

2 Beds

3 Baths

Save

$ 829,900

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 X11929544

Style 2-Storey

Bedrooms 2

Annual Tax Amount $4,129

Tax Year 2024

Property Description

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro,Upper Unit: $1,900 + hydro, Lower Unit: $1,500 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20%down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today

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

Lot Depth 92.0

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.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

27 Grove ST Hamilton, ON L8N 1P4