$629,000

35 Raleigh Street

Hamilton ONTARIO, L8W 1H4

Description

Rare LEGAL DUPLEX with 3bdrms up and down, on the Hamilton Mountain. Perfect area for tenants with close access to shopping, schools, bus routes, parks and highway access. This Duplex has been fully renovated top to bottom with the necessary permits and documentation to make this a legal duplex. Tankless water heater and stainless steel appliances and quartz counters. Upper level has 3 large bedrooms, in suite laundry and an open concept kitchen and living area off the main entrance. Basement apartment is self contained 3 bdrm with separate entrance. You will find another new kitchen with separate living area, 1 full bath, and in suite laundry. The basement is soundproofed and fireproofed and contains a large egress window to meet duplex standards. Electrical and plumbing updated to accommodate two-family living. Lower level currently rented to great tenant who will stay at $1420 per month plus utilities. Assuming a 20% deposit and a 3.0% interest, monthly cash flow of $353. with upper unit rented. Or live there yourself and have your mortgage paid for by the tenant. No risk investment due to LEGAL status with City.

Details

MLS#H4063836
StyleHouse
Sub-TypeResale
StatusActive
Days On Site26

Features

Bed(s)6
Bath(s) 2 Full
SQ Feet1,400
Story(s)Bungalow Raised

Loading Form

Loading Form

Area Information

ProvinceOntario
CountyHamilton
CityHamilton
Postal CodeL8W 1H4
AreaHamilton
Community NameQuinndale
Listing VS Median (in Quinndale)
Price:
$629,000
low | high
Med:
$554,900
61.780604133545% of Average
SqFt:
1,400
low | high
Med:
1,850
17.857142857143% of Average
$ / SqFt:
$449
low | high
Med:
$301
83.006856688102% of Average
On Site:
26
low | high
Med:
91.500000
28.415300546448% of Average
Listing Updated: 10/14/2019
MLS Number: H4063836
Listing Provided By:
Robert Morrow  of  Chase Realty Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.