245 West Beaver Creek Rd #9B
(289)317-1288
171 Stone Church Road E Hamilton, Ontario L9B 1A8
16 Bedroom
4 Bathroom
2000 - 2500 sqft
Fireplace
Radiant Heat
$1,199,900
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one! (id:35762)
Property Details
| MLS® Number | X12061198 |
| Property Type | Single Family |
| Neigbourhood | Jerome |
| Community Name | Jerome |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 16 |
| BedroomsTotal | 16 |
| Appliances | Water Heater, Dishwasher, Dryer, Freezer, Garage Door Opener, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 123 Ft ,9 In |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 123.8 Ft |
| SizeTotalText | 60 X 123.8 Ft |
| ZoningDescription | R1 |
https://www.realtor.ca/real-estate/28119162/171-stone-church-road-e-hamilton-jerome-jerome
Interested?
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Abdellah Majd
Salesperson
Revel Realty Inc.
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
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April 21 2025 07:14:03
Toronto Real Estate Board
Revel Realty Inc.
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