Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$929,000 $4,987 est/mo Sourced by Back At You
43 Crooks Street,Hamilton (Strathcona), ON L8R2Z7
Hamilton (Strathcona), ON L8R2Z7
Description
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity! (id:13843)
Details
| MLS # | X13827776 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 29 |
| Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | PAUL D BUTLER |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Garage | 10 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Carpet Free |
|---|---|
| Foundation Details | Concrete |
| Fencing | Fenced yard |
Parking
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 10 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6586 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Strathcona) |
| Postal Code | L8R2Z7 |
| Listing VS Median (in L8R2Z7) | |
Price: $929,000 low | high Med: $929,000 sqft: 1,500 low | high Med: 1,747 $ / sqft: $619 low | high Med: $532 On site: 29 low | high Med: 29 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Strathcona) |
| Postal Code | L8R2Z7 |
| Listing VS Median (in L8R2Z7) | |
Price: $929,000 low | high Med: $929,000 sqft: 1,500 low | high Med: 1,747 $ / sqft: $619 low | high Med: $532 On site: 29 low | high Med: 29 | |
Nearby Listings (Within 1/10 mile)
Price: $696K - $1.161M
sqft: 1,000 - 1,500
Listing Updated: October 6, 2026 at 7:11:31 PM PDT
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