154-156 Freelton Road,Hamilton, ON L8B 0Z5
Hamilton, ON L8B 0Z5
Description
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
Details
| MLS # | X13207934 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 139 |
| Listing Provided By | RE/MAX ESCARPMENT REALTY INC. | X13207934 184019 |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 11 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.38 |
Interior
| Interior Features | Separate Hydro Meter |
|---|---|
| Cooling | Central Air, Wall Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Topography | Hillside, Hilly |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Reserved/Assigned |
Utilities
| Sewer | Septic |
|---|
Taxes
| Tax Annual Amount | 5253 |
|---|---|
| Tax Legal Description | LT 5, PL 330: PT GUELPH ST, PL 330, NOW KNOW AS FREELTON RD, PARTS 1, 2 & 3, 62R4957: S/T INTEREST, IF ANY, IN HL58611; FLAMBOROUGH CITY OF HAMILTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8B 0Z5 |
| Area | Freelton |
| Listing VS Median (in L8B 0Z5) | |
Price: $1,550,000 low | high Med: $0 On site: 139 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8B 0Z5 |
| Area | Freelton |
| Listing VS Median (in L8B 0Z5) | |
Price: $1,550,000 low | high Med: $0 On site: 139 low | high Med: | |
