Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

43 Crooks Street, Hamilton, ON L8R 2Z7 (York Blvd & Crooks St.)
$ 999000 - MLS : X13144182

From Our Gallery

Description

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity!

Location Description

York Blvd & Crooks St.

Property Detail

Community: Strathcona
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 3
Garages: Detached
Annual Property Taxes : $ 6467.62

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Aluminum Siding-Brick
Total Parking Space : 10
Parking Type : Detached

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX ABOUTOWNE REALTY CORP.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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