Address
74 Cathcart Street, Hamilton, ON
Price
$ 769,000

Your Agent

Josh Cheema

Sales Representative

416-565-2217


Listing provided by Josh Cheema, Sales Representative, REMAX Gold Realty Inc

Property Attributes
  • ID#40854025
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityHamilton
  • CityHamilton
  • AreaHamilton
  • Neighbourhood140 - Beasley
  • Postal CodeL8R 1M5
  • Style
  • Year Built1899
  • Price$ 769,000
  • Bedrooms3+1
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2605
  • Lot Size0.06 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. Two of the three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for 1,747/month. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multi unit property to their portfolio. Separately metred for hydro/gas. (id:7434)

General Features

Property Type Single Family
Zoning Description D5
Amenities Hospital, Park, Public Transit, Shopping
Building Cooling Type Central air conditioning
Location Description Wellington St N to Cannon St E to Cathcart St
Parking Space Total 2
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1.5

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Style Attachment Detached
Living Area Range 2605
Bedrooms 3+1

Exterior Features

Land Amenities Hospital, Park, Public Transit, Shopping
Sewer Municipal sewage system
Exterior Finish Brick

Room Details

Room Dimensions Level Flooring Details
4pc Bathroom Measurements not available Main level
Bedroom 9'4'' x 12'1'' Main level
Kitchen 12'10'' x 13'4'' Main level
Laundry room Measurements not available Main level
Living room 13'1'' x 12'4'' Main level
Primary Bedroom 10'11'' x 12'2'' Third level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L8R 1M5

Price
AVG $650K
$770K
Year Built
AVG 1899
1899

Your Agent

Josh Cheema

Sales Representative

416-565-2217


Listing provided by Josh Cheema, Sales Representative, REMAX Gold Realty Inc

Listed By
RE/MAX Escarpment Realty Inc.

Areas We Cover