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125 SANFORD AVENUE N
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125 SANFORD AVENUE N $799,900
$799,900
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125 SANFORD AVENUE N
Hamilton, Ontario L8L5Z4

MLS® Number: X8460930
7
Bedrooms
3
Bathrooms
-
Square Feet

Listing Description

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (35529724)

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2.5
Community Name
Gibson
Land Size
26.05 x 94.15 FT|under 1/2 acre
Annual Property Taxes
$2,745.93
Total Parking Spaces
4
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Oven, Range, Refrigerator, Stove, Washer
Basement Type
Partial (Partially finished)
Building Features
Features
Lane
Foundation Type
Slab
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Hospital, Park, Public Transit
Parking
Total Parking Spaces
4

Rooms

MetricImperial
Main level
Kitchen
Bedroom
Bedroom
Bedroom
Bathroom
Second level
Bedroom
Bedroom
Bedroom
Bathroom
Kitchen
Third level
Bedroom
Family room
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MANNY PINHEIRO
Salesperson
905-308-8333
Email
Book showing
KELLER WILLIAMS COMPLETE REALTY
Brokerage
1044 CANNON ST EAST UNIT T
HAMILTON, Ontario L8L2H7
905-308-8333

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MANNY PINHEIRO