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172 MARKLAND STREET, Hamilton (Durand), Ontario, L8P 2K5

MLS® # X9769043
new listing
Investment For Sale In Durand, Hamilton (Durand), Ontario
$1,800,000
  • Details
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Outdoor With Facade
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Other
172 Markland Street, Hamilton (Durand), ON - Outdoor With View
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Outdoor With Facade
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Outdoor
172 Markland Street, Hamilton (Durand), ON - Other
172 Markland Street, Hamilton (Durand), ON - Outdoor With View
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172 MARKLAND STREET, Hamilton (Durand), Ontario, L8P 2K5
$1,800,000

Property Information:

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Partially finished
  • Basement Type: Partial
  • Exterior Finish: Stucco, Wood
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 74.0 Feet
  • Lot Frontage: 56.3 Feet
  • Lot Size: 56.29 x 74 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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Demographic Information of 172 MARKLAND STREET, Hamilton (Durand), Ontario, L8P 2K5

Average Household Income

$96,165.81

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.0 %

High school certificate or equivalent

24.13 %

Apprenticeship trade certificate/diploma

3.96 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

2.53 %

University Degree

37.52 %

Commuter

Travel To Work

By Car

60.04 %

By Public Transit

20.35 %

By Walking

15.75 %

By Bicycle

0.21 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.55 %

Houses

10.45 %

Own Vs. Rent

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