$820,000
$849,999
3.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
SOLD DATE : 05/30/2025
Key Details
Sold Price $820,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Raleigh
MLS Listing ID X12099271
Sold Date 05/30/25
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,300
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to this exceptional LEGAL DUPLEX, completely reimagined with $200,000 IN TOP-TO-BOTTOM UPGRADES! No detail was overlooked in this PROFESSIONALLY DESIGNED transformation, featuring BRAND-NEW PLUMBING, ELECTRICAL, HVAC, AND EXTERIOR UPDATES for modern efficiency and style. This TURNKEY INVESTMENT OPPORTUNITY boasts an UPGRADED 200-AMP ELECTRICAL SERVICE WITH TWO SEPARATE METERS, ensuring easy tenant utility management. The FULLY FINISHED BASEMENT presents a LUCRATIVE RENTAL POTENTIAL OF $2,000 PER MONTH, making this property an ideal choice for both investors and end users seeking additional income. Adding even more value, the property includes a DOUBLE DETACHED GARAGE, which can be converted into a LEGAL GARDEN SUITE, creating a THIRD INCOME-GENERATING UNIT making it into a Triplex. Every inch of this home showcases HIGH-END, HANDPICKED FINISHES BY A PROFESSIONAL DESIGNER, blending contemporary aesthetics with practical living spaces. Dont miss this RARE OPPORTUNITY to own a FULLY RENOVATED, CASH-FLOWING PROPERTY WITH FUTURE DEVELOPMENT POTENTIAL IN A PRIME LOCATION!
Location
Province ON
County Hamilton
Community Raleigh
Area Hamilton
Zoning R1
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features In-Law Suite, Separate Hydro Meter
Cooling Central Air
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 42.0
Lot Depth 111.0
Total Parking Spaces 4
Building
Foundation Block
Others
Senior Community Yes
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7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN