93 Barnesdale BLVD new

Hamilton,ON L8M 2V5

$ 899900

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Stipley

MLS Listing ID X12146213

Style 2 1/2 Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $6,322

Tax Year 2024

Property Sub-Type Triplex

Property Description

LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath $2152.50 + hydro, second floor 2bed, 1 bath $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on opposite side (ideal for storage-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit will be VACANT on possession!

Location

Province ON

County Hamilton

Community Stipley

Area Hamilton

Rooms

Family Room No

Basement Walk-Up

Kitchen 3

Interior

Interior Features Accessory Apartment,Separate Hydro Meter

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 97.0

Total Parking Spaces 5

Building

Foundation Stone

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