ON > Hamilton (gibson) > Gibson
Hamilton (gibson), ON L8L5Z4,125 SANFORD AVENUE N
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Hamilton (gibson), ON L8L5Z4,125 SANFORD AVENUE N
Hamilton (gibson), ON L8L5Z4,125 SANFORD AVENUE N
Hamilton (gibson), ON L8L5Z4,125 SANFORD AVENUE N
Hamilton (gibson), ON L8L5Z4,125 SANFORD AVENUE N
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AJ Hazzi

AJ Hazzi

+1(250) 717-3133
$ 759,900
Est. payment /mo
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125 SANFORD AVENUE N Hamilton (gibson), ON L8L5Z4

7 Beds

3 Baths

2,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $379

Subdivision Gibson

MLS® Listing ID X12517690

Bedrooms 7

Source Toronto Regional Real Estate Board

Property Description

Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. The loft unit is currently and intentionally kept vacant in case new owner wishes to live in it while renting floors below. Loft unit had been rented for 1450 for documented monthly. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.47 m X 3.3 m Bedroom 4

Extra Room 2 Second level 3.99 m X 2.79 m Bedroom 5

Extra Room 3 Second level 3.53 m X 3.05 m Bedroom

Extra Room 4 Second level 3.05 m X 3.05 m Kitchen

Extra Room 5 Third level 4.27 m X 3.66 m Family room

Extra Room 6 Third level 4.11 m X 3.96 m Kitchen

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

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Listed by NEW ERA REAL ESTATE
AJ Hazzi

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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