Purpose built LEGAL duplex. Flexible possession. Excellent for the 1st time BUYER or investor AND its a great mortgage helper (cap rate of 5.78%) set your own rents. 2 separate hydro meters and panels ,1 gas meter with hot water heating, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 15 yrs, newer floors on both levels, roof 2012. (rental income is projected, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, fire proofing between both floors, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at the back through the laneway. Seller will accommodate the Buyer to rent out the units prior to closing. Using $1600 for upper unit and $1800 for main floor and bsmt. expenses are actual numbers. MOTIVATED SELLER
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
$579,900
45 East Bend Avenue N, Hamilton, Ontario
4 Bedrooms
2 Bathrooms
1386 Sqft
Property
MLS® Number: 40706257
Address: 45 East Bend Avenue N
City: Hamilton
Exterior: Brick
Lot Size: 100.0ft x 31.0ft
Utilities
Heating: Natural Gas, Other
Parking
Parking Spaces: 2
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Property Sale History
Travel and Neighbourhood
88/100Walk Score®
Very Walkable
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Location
