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172 Markland Street, Hamilton, ON, L8P 2K5

MLS® # 40670937
Investment For Sale In Durand, Hamilton, Ontario
$1,800,000
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
172 Markland Street, Hamilton, ON
  • Advertising
Home Insurance - TD Insurance
Get a home insurance quote online for this $1,800,000 property in Hamilton
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $1,800,000 property in Hamilton

Provided by TD Insurance
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ACTIVE
172 Markland Street, Hamilton, ON, 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 12’x15’ 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.

Inclusions: Other

Building Features:

  • Floor Space: 4165 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Partially Finished
  • Construction Materials: Stucco, Wood Siding, Other
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 4165 Square Feet
  • Heating: Natural Gas
  • Interior Features: Other
  • Laundry Features: None
  • Lot Depth: 74 Feet
  • Lot Features: Business Centre, Hospital, Park, Schools, Shopping Nearby
  • Lot Frontage: 56.29 Feet
  • Parking Features: Mutual/Shared
  • Roof: Other
  • Security Features: Other
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

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

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 172 Markland Street, Hamilton, ON, L8P 2K5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 172 Markland Street , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.5 degrees Celsius.

Projected Avg. Temperature

Past
32℃
2050
35.5℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 172 Markland Street , experiences 11 significant 2-day storms per year, with about 309.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 384.1mm of precipitation per year.

Precipitation Per Storm

Past
309.1mm
2050
384.1mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 172 Markland Street, Hamilton, ON, L8P 2K5

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

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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