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27 GROVE STREET, Hamilton (Corktown)
2024-09-17
Quick Summary
- Location
- 27 GROVE STREET, Hamilton (Corktown), Ontario L8N1P4
- Price
- $879,900
- Status:
- For Sale
- Property Type:
- Single Family
- Bedrooms:
- 2 bed +1
- Bathrooms:
- 3
MLS®#X9354370
Property Description
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, 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: $1,400 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 & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! **** EXTRAS **** Carpet Free, Separate Hydro Meters (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Park, Place of Worship, Public Transit, Schools
Building
- Amenities: Separate Electricity Meters
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Stove, Washer
- Basement Development: Finished
- Basement Features: Apartment in basement, Walk out
- Basement Type: N/A (Finished)
- Cooling Type: Window air conditioner
- Exterior Finish: Brick
- Fireplace: No
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Lane
Land
- Land Size: 20 x 92 FT
- Sewer: Sanitary sewer
Information entered by REVEL REALTY INC.
Listing information last updated on: 2024-09-17 21:11:15
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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