RE/MAX Garden City Realty Inc.

172 Markland Street
124 - Durand South Hamilton L8P 2K5

$1,800,000
Residential Income beds: 0 baths: 0.0 4,165 sq. ft.

Main Photo: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 1: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 2: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 3: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 4: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 5: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Photo 6: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40670937
Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12’x15’ accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly—purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request.
Property Type:
Residential Income
Property SubType:
Multi-6-9 Unit
Listing General Location:
124 - Durand South, 12 - Hamilton West
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Details:
74 x 56.29
Lot Depth:
74'
Lot Frontage:
56'3½"
Frontage Type:
North
Kitchens:
0
County Or Parish:
Hamilton
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Stucco, Wood Siding, Other
Basement:
Partial, Partially Finished
Foundation:
Stone
UFFI:
No
Roof:
Other
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
4,165 sq. ft.
Finished Area Above Grade:
4,165 sq. ft.
Fireplace:
false
Laundry Features:
None
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Other
Heating:
Natural Gas
Other
Other
false
No
AT N/E Corner of Markland & Hess St. South
No
Other
HST Applicable To Sale Price:
Call LBO
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Expenses:
Actual
Heating Expense:
$4,606.04
Laundry Income:
$0
Laundry Rentals:
0.0
Other Income:
$0
Zoning:
D
Lot Site Features:
Business Centre, Hospital, Park, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Parking:
Mutual/Shared
# Of Total Parking Spaces:
2.0
# Of Open Parking Spaces:
2.0
Driveway Parking:
Outside/Surface/Open
Licensed Dwelling:
No
Num Apartment Units:
0
Num Bachelor Units:
2
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
1
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
6
Listed Date:
Oct 30, 2024
  • Photo 1: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 1 of 6
  • Photo 2: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 2 of 6
  • Photo 3: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 3 of 6
  • Photo 4: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 4 of 6
  • Photo 5: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 5 of 6
  • Photo 6: 172 Markland Street in Hamilton: 124 - Durand South Multi-6-9 Unit for sale (12 - Hamilton West) : MLS®# 40670937
    Photo 6 of 6
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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Data was last updated December 23, 2024 at 03:50 PM (UTC)
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