1 / 2580 MACLENNAN AVENUE
Hamilton (Burkholme), Ontario, L8V1X6
$999,000
Bedrooms
6
Bathrooms
4
Parking
5
About this property
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum. (id:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2
- Tax year
- 2,026
- Basement
- Finished, N/A
- Directions
- Cross Streets: Fennell Ave E & E 25th St. ** Directions: Fennell Ave E to E 25th St to 80 MacLennan Ave.
- Fireplace
- Yes
- Water source
- Municipal water
- Structure type
- Duplex
- Parking features
- Attached Garage, Garage
- Tax annual amount
- 6,228.94
- Exterior features
- Brick, Aluminum siding
- Foundation details
- Unknown
- Lot size dimensions
- 60 x 96.5 FT
- Bedrooms above grade
- 6
- Property attached
- Yes
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