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SaleInvestment

40 Clarendon Avenue

Hamilton, ON L9A 3A1

Price

$749,900

Building Size

974 sq ft

MLS# X13814790 | Listed by ROCK STAR REAL ESTATE INC.

Business Details

Business Type

Apts - 2 To 5 Units

Property Use

Apartment

Commercial Space & Financials

Taxes (Annual)

$5,138.87

Industrial Specifications

Parking

4 spaces (Outside/Surface)

Lot Size

41' × 100'

Structure

Freestanding

Property Description

Legal duplex on the Hamilton Mountain, converted under permit with all permits closed. 40 Clarendon Avenue is a detached, solid-brick bungalow in Balfour, just off Upper James and Fennell, configured as two self-contained units with separate entrances, separate kitchens, in-suite laundry and separate hydro meters. The main-floor unit has three bedrooms, a four-piece bathroom, a generous size living room and an updated modern kitchen with quartz countertops. It is vacant, which gives a buyer two clean options: move in, or choose a tenant and set rent at today's market rate. The lower unit has two large bedrooms plus an additional flex space, a brand-new kitchen, a brand-new three-piece bathroom and its own entrance. It is currently rented at $2,050 per month. The work behind the walls matters as much as the finishes. Electrical has been updated, each unit is metered separately for hydro, and the conversion documentation is available to serious buyers. Gas heating and central air serve the home. The lot carries a double-wide asphalt driveway with parking for four vehicles, a practical detail for a two-unit property. Public transit, parks, schools and hospital services are close by, and Upper James puts groceries, restaurants and the LINC within a short drive. For an investor, this is a turnkey two-unit property with one rent in place and one unit ready to lease. For an owner-occupier, the lower unit's rent offsets the monthly carrying cost. Freehold, with flexible possession.

Price & Status History

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Location

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40 Clarendon Avenue, Hamilton L9A 3A1

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Listing Courtesy of: ROCK STAR REAL ESTATE INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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