25 Douglas Avenue

Hamilton (Industrial Sector), Ontario L8L5P7

MLS # X14179652

$998,000

Property Details

Type

Multi-Family

Beds

Baths

Status

For Sale

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About this property

ATTENTION INVESTORS... Amazing opportunity to own an all-brick, two-story, four unit building! Fantastic income property or ultimate family compound! Comprehensive soundproofing initiatives throughout the units as well as fire-rated metal frames and doors. Live in the bigger 3-bedroom, 2-bath unit & rent out the other 3 units for income. Ample parking on-site ensures convenience for tenants, with 3 vehicles on both sides of the property. Enjoy the high level of quality workmanship. Remarkable blend of modern design & luxurious features. Porcelain tile is extremely durable flooring throughout all 3 units, and the concept is an open-concept kitchen with stone countertops. large outdoor storage shed and turf backyard. Automated LED lighting system throughout. The property consists of 1 large 3-bedroom with 2-4 pc bathrooms; 2 spacious 2-bedroom each with 1-4 pc bathroom; and 1 1-bedroom with 1-4 pc bathroom. Kitchens come equipped with stainless steel appliances. Each unit boasts generously sized layouts with separate entrances, ideal for students, professionals, and families alike. With its proximity to the General Hospital, the new transit transfer station, close to 403/QEW highways, shopping, and amenities. All suites are currently vacant, offering endless possibilities for new owners with great cap rate. These suites are ideal for rental income or multi-generational accommodations. This building offers the best of both worlds: luxurious living & excellent rental income potential. Whether you're looking for a spacious home with modern amenities or an investment property with income-generating opportunities, this property has it all!

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Property taxes: about $325/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Second level	4.82 x 3.6
Bedroom 2	Third level	3.57 x 2.65
Kitchen	Third level	2.47 x 3.35
Living room	Third level	3.76 x 2.96
Living room	Second level	3.66 x 4.3
Bathroom	Third level	2.47 x 1.56
Bedroom	Third level	2.99 x 3.69
Laundry room	Main level	1.75 x 1.55
Kitchen	Main level	4.57 x 2.44
Other	Main level	3.38 x 2.32
Bathroom	Main level	1.58 x 3.6
Bathroom	Second level	3.35 x 0.95
Bedroom	Second level	3.26 x 2.93
Bedroom 2	Second level	3.26 x 3.02
Bathroom	Second level	3.84 x 1.8
Kitchen	Third level	3.08 x 2.26
Living room	Third level	4.08 x 4.3
Bathroom	Third level	3.2 x 1.58
Bedroom	Third level	4.18 x 3.17