172 MARKLAND STREET

Hamilton (Durand), Ontario, L8P2K5, Canada

$1,749,900

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request.

Last updated on : Wednesday 4th of December 2024 09:53:18 AM

ADDRESS

Street : 172 MARKLAND STREET

City : Hamilton (Durand)

Province : Ontario

Country : Canada

Postal Code : L8P2K5

Open in Google Map

PROPERTY SUMMARY

Property ID : X9769043

Building Type : Other

Property Type : Multi-family

Bedrooms : 8

Bathrooms : 6

Parking : 2

Similar Properties

Multi-family

524 EGERTON STREET

London, Ontario, N5W3Z7

$1,200,000

Beds: 8Baths: 8

property Type: Other

type: Sale

BRANDON HUBBARD
1 month ago

DETAILS

Multi-family

90 TRETHEWEY DRIVE

Toronto (Beechborough-Greenbrook), Ontario, M6M4B4

$1,699,900

Beds: 8Baths: 5

property Type: Other

type: Sale

ERROL PAULICPULLE
6 days ago

DETAILS

Multi-family

157 BERRY ROAD

Toronto (Stonegate-Queensway), Ontario, M8Y1W4

$2,095,000

Beds: 8Baths: 4

property Type: Other

type: Sale

LES WALLACE
6 days ago

DETAILS

Multi-family

BLDG 1 - 9 HUMEWOOD DRIVE

Toronto (Humewood-Cedarvale), Ontario, M6C1C9

$4,830,000

Beds: 8Baths: 6

property Type: Other

type: Sale

JOSE R. PEREIRA
1 week ago

DETAILS

Multi-family

52 LINCOLN Street

Welland, Ontario, L3C5J1

$1,749,000

Beds: 8Baths: 8

property Type:

type: Sale

Donna Ross
2 months ago

DETAILS

Inquire about this property