773 Lawrence Road Hamilton, ON L8K 1Z7
4 Beds
3 Baths
2,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $396
MLS Listing ID 40828247
Bedrooms 4
Abv Grd Liv Area 2,520
Annual Tax Amount $4,671
Property Sub-Type Multi-3 Unit
Source Cornerstone
Property Description
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.
Location
Province ON
County Hamilton
Area 24 - Hamilton East
Zoning C/S-1164
Rooms
Basement Separate Entrance, Full, Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 44.0
Lot Depth 98.0
Garage No
Building
Lot Description Near Golf Course, Greenbelt, Park, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Metal/Steel Siding
New Construction No
Schools
Elementary Schools Rosedale/Viscount Montgomery ; St.John The Baptist
High Schools Sir Winston Churchill ; Cathedral
Others
Senior Community No
Tax ID 172720212
Ownership Freehold/None