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204 Belmont Avenue Hamilton, Ontario L8L 7M6

4 Bedroom 3 Bathroom 1718 sqft
Central Air Conditioning, Wall Unit Forced Air, Heat Pump

$629,900

A short walk from Ottawa Street, 204 Belmont Avenue is a legal duplex in Crown Point, renovated top to bottom four years ago and set up so the two units run independently. Upstairs, the 3-bedroom, 1.5-bath unit rents for $2,145 a month plus utilities. Downstairs, the 1-bedroom unit with a separate office and its own bathroom rents for $1,350 plus utilities. That is $41,940 a year in gross rent. The finish level carries through both units: quartz counters in both kitchens, premium vinyl flooring and updated bathrooms. Separate hydro meters keep electricity with each unit, and split HVAC means neither tenant sets the temperature for the other. The home offers 1,200 sq. ft. above grade plus 515 sq. ft. on the lower level. Two parking spaces sit at the rear of the house which is a real advantage for a two-unit property in the lower city. Gage Park, The Centre on Barton and Hamilton transit are also nearby, with quick access to the Red Hill Valley Parkway and the QEW. Hold it as a finished rental with both leases in place, or live in one unit and let the other help carry the mortgage. A full pro forma is available on request. (id:45725)

Property Details

MLS® Number 40877654
Property Type Multi-family
Amenities Near By Park, Playground, Public Transit, Shopping
Equipment Type Water Heater
Features Crushed Stone Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 2
Size Interior 1718 Sqft
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 25 Ft
Size Total Text Under 1/2 Acre
Zoning Description D

https://www.realtor.ca/real-estate/30502941/204-belmont-avenue-hamilton

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