80 MACLENNAN Avenue

Hamilton, Ontario L8V1X6

MLS # 40845581

$999,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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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 paid 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.

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Property taxes: about $519/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
2pc Bathroom	Basement	x
Family room	Basement	20'7'' x 16'6''
4pc Bathroom	Second level	x
Dining room	Second level	13'9'' x 16'7''
Kitchen	Second level	11'3'' x 13'6''
4pc Bathroom	Second level	x
Bedroom	Second level	8'0'' x 9'0''
Bedroom	Second level	9'5'' x 10'2''
Bedroom	Second level	11'8'' x 10'0''
Bedroom	Second level	11'0'' x 12'0''
Primary Bedroom	Second level	10'0'' x 14'0''
Primary Bedroom	Second level	12'4'' x 10'8''
2pc Bathroom	Main level	x
Living room	Main level	13'0'' x 16'0''
Dining room	Main level	11'0'' x 13'2''
Kitchen	Main level	11'0'' x 11'0''
Family room	Main level	17'0'' x 22'6''