773 Lawrence Road,Hamilton, ON L8K 1Z7
Hamilton, ON L8K 1Z7
Description
Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential.The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income.Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies.The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping.The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market.
Details
| MLS # | 40849873 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | Platinum Lion Realty Inc. | Lewis Weinerman |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,520 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | C/S-1164 |
| Acreage | 0.10 |
| Golf Course | Yes |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Near Golf Course, Greenbelt, Park, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route |
|---|---|
| Construction Materials | Metal/Steel Siding |
| Roof | Asphalt Shing |
| Security Features | Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s) |
Parking
| Parking Features | Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4671.06 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8K 1Z7 |
| Area | 24 Hamilton East |
| Subarea | 241 Rosedale |
| Community Name | 241 Rosedale |
| School District | Sir Winston Churchill ; Cathedra |
| Elementary School | Rosedale/Viscount Montgomery ; S |
| High School | Sir Winston Churchill ; Cathedra |
| Listing VS Median (in 241 Rosedale) | |
Price: $999,999 low | high Med: $649,900 sqft: 2,520 low | high Med: 985 $ / sqft: $397 low | high Med: $660 On site: 30 low | high Med: 43 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8K 1Z7 |
| Area | 24 Hamilton East |
| Subarea | 241 Rosedale |
| Community Name | 241 Rosedale |
| School District | Sir Winston Churchill ; Cathedra |
| Elementary School | Rosedale/Viscount Montgomery ; S |
| High School | Sir Winston Churchill ; Cathedra |
| Listing VS Median (in 241 Rosedale) | |
Price: $999,999 low | high Med: $649,900 sqft: 2,520 low | high Med: 985 $ / sqft: $397 low | high Med: $660 On site: 30 low | high Med: 43 | |
