27 Grove Street, Hamilton, ON, L8N 1P4 - investment for sale | Listing ID 40679486

27 GROVE Street, Hamilton, Ontario, L8N 1P4

MLS® # 40679486

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Investment For Sale In Corktown, Hamilton, Ontario

$859,900

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27 Grove Street, Hamilton, ON - Outdoor With Facade

27 Grove Street, Hamilton, ON - Outdoor With Deck Patio Veranda With Facade

27 Grove Street, Hamilton, ON - Indoor Photo Showing Kitchen

27 Grove Street, Hamilton, ON - Indoor Photo Showing Other Room

27 Grove Street, Hamilton, ON - Indoor Photo Showing Bathroom

27 Grove Street, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

27 Grove Street, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

27 Grove Street, Hamilton, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

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Home Insurance - TD Insurance

Get a home insurance quote online for this $859,900 property in Hamilton

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27 GROVE Street, Hamilton, Ontario, L8N 1P4

$859,900

Property Information:

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional private patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 3
Bathrooms: 3
Amenities Nearby: Hospital, Park, Public Transit, Schools
Community Features: Community Centre
Features: Paved driveway
Lot Depth: 92.0 Feet
Lot Frontage: 20.0 Feet
Zoning: R1a
Sewer: Municipal sewage system
No. of Parking Spaces: 2

Courtesy of: Revel Realty Inc.

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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Location of 27 GROVE Street, Hamilton, Ontario, L8N 1P4

Lifestyle
Neighbourhood

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

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 27 GROVE Street , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

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

58/100

Moderate

ClimateCheck®

Current data

This property, 27 GROVE Street , experiences 11 significant 2-day storms per year, with about 306.7mm 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 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

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 27 GROVE Street, Hamilton, Ontario, L8N 1P4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 27 GROVE Street, Hamilton, Ontario, L8N 1P4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 27 GROVE Street, Hamilton, Ontario, L8N 1P4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

27 GROVE Street, Hamilton, Ontario, L8N 1P4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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