95 Spadina Avenue, Hamilton

  • Bedrooms: 6
  • Bathrooms: 4
  • Living area: 2616.55 square feet
  • Type: Residential
  • Added: 7 hours ago
  • Updated: 6 hours ago
  • Last Checked: 1 hours ago
Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today! (id:1945)
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Property DetailsKey information about 95 Spadina Avenue

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2.5
  • Year Built: 1917
  • Structure Type: Fourplex
  • Exterior Features: Brick
  • Foundation Details: Block
  • Type: Triplex
  • Legal Status: Non-conforming
  • Total Units: 4
  • Gross Rental Income: $55,000 annually

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Living Area: 2616.55
  • Bedrooms Total: 6
  • Above Grade Finished Area: 2510
  • Below Grade Finished Area: 106.55
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area Source: Other
  • Unit Mix: Main Floor: Bedrooms: 2, Bathrooms: 1, Second Floor: Bedrooms: 2, Bathrooms: 1, Attic: Bedrooms: 1, Bathrooms: 1, Basement: Bedrooms: 1, Bathrooms: 1
  • Renovations: Recently renovated
  • Kitchen Features: Countertops: Granite, Appliances: Stainless steel
  • Laundry: In-suite laundry for all units

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 95 Spadina Avenue

  • Lot Features: Paved driveway
  • Water Source: Municipal water
  • Parking Total: 3
  • Parking: Triple rear parking

Location & CommunityUnderstand the neighborhood and community

  • Directions: Main St E> Spadina Ave
  • Common Interest: Freehold
  • Subdivision Name: 202 - Gibson/Stipley South
  • Community Features: Community Centre
  • Walk Score: 89
  • Proximity To Amenities: Close to schools, parks, hospitals, and more
  • Public Transit Access: Steps from public transit
  • Future LRT Route: Close to future LRT route
  • Access To Downtown: Easy access to and from the downtown core

Business & Leasing InformationCheck business and leasing options available at 95 Spadina Avenue

  • Tenant Responsibilities: Tenants responsible for their own hydro
  • Separately Metered: All units except the basement are separately metered

Property Management & AssociationFind out management and association details

  • Management Type: Turn-key opportunity
  • Management Hassle: Hassle-free management

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 95 Spadina Avenue

  • Tax Annual Amount: 6649.66
  • Zoning Description: C

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 4
  • Potential For Appreciation: Huge potential for appreciation
  • Showing: Schedule your showing today
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Nearby Listings Stat

Active listings
26
Min Price
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Avg Price
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Days until Sold
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Additional Information about 95 Spadina Avenue

This House at 95 Spadina Avenue Hamilton, ON with MLS Number 40678456 which includes 6 beds, 4 baths and approximately 2616.55 sq.ft. of living area listed on Hamilton market by James Maggs - Rock Star Real Estate Inc. at $999,900 7 hours ago.

We have found 6 Houses that closely match the specifications of the property located at 95 Spadina Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 698,000 and 1,369,000.

The current price of the property is $999,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $849,915. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

More Details?
James Maggs
  • James Maggs
  • Rock Star Real Estate Inc.
  • 905-516-7827