43 Crooks Street Hamilton, Ontario L8R 2Z7

$929,000

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:55460)

Property Details

MLS® Number	X13827776
Property Type	Multi-family
Neigbourhood	Strathcona
Community Name	Strathcona
Amenities Near By	Marina, Park, Public Transit, Schools
Features	Carpet Free
Parking Space Total	10

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Below Ground	2
Bedrooms Total	5
Age	51 To 99 Years
Amenities	Separate Electricity Meters
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	N/a (finished), N/a
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding, Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Sqft
Type	Other
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Fence Type	Fenced Yard
Land Amenities	Marina, Park, Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	109 Ft
Size Frontage	50 Ft
Size Irregular	50 X 109 Ft
Size Total Text	50 X 109 Ft|under 1/2 Acre

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom	3.02 m	1.7 m	3.02 m x 1.7 m
Second Level	Bedroom 3	4.98 m	3.35 m	4.98 m x 3.35 m
Second Level	Kitchen	3.02 m	2.51 m	3.02 m x 2.51 m
Basement	Bathroom	1.5 m	3.53 m	1.5 m x 3.53 m
Basement	Bedroom 4	2.67 m	4.5 m	2.67 m x 4.5 m
Basement	Kitchen	2.69 m	4.85 m	2.69 m x 4.85 m
Basement	Bedroom 5	2.24 m	5.97 m	2.24 m x 5.97 m
Main Level	Primary Bedroom	4.29 m	2.87 m	4.29 m x 2.87 m
Main Level	Bathroom	1.88 m	2.97 m	1.88 m x 2.97 m
Main Level	Kitchen	2.97 m	4.29 m	2.97 m x 4.29 m
Main Level	Bedroom 2	3.66 m	4.5 m	3.66 m x 4.5 m
Main Level	Family Room	4.01 m	4.42 m	4.01 m x 4.42 m

https://www.realtor.ca/real-estate/30327270/43-crooks-street-hamilton-strathcona-strathcona