309 Strathearne Avenue Hamilton, Ontario L8H 5K8

6 Bedroom 6 Bathroom 3,000 - 3,500 ft2
Central Air Conditioning Radiant Heat

$1,375,000

Welcome to 309 Strathearne Avenue, a fully renovated six-unit residential building in the heart of Hamilton's east end. This exceptional, turnkey investment property is fully tenanted, offering immediate and stable cash flow for investors seeking a low-maintenance addition to their portfolio.The building has undergone recent renovations, enhancing both the interior suites and overall property condition. Each unit is well-maintained, appealing to quality tenants and supporting strong rental demand in this established neighbourhood.At the rear of the property, you'll find a large paved parking lot providing ample on-site parking - a highly desirable feature for tenants. Additional income potential is generated through the convenient coin-operated laundry facilities located within the building.The property is efficiently serviced by a boiler heating system and an on-demand tankless water heater, helping to manage operating costs while ensuring reliable performance.Ideally situated near the Queenston Traffic Circle, the building offers excellent connectivity to major routes. It is also close to public transit options, making it especially attractive for tenants who do not own a vehicle.This is a rare opportunity to acquire a well-maintained, income-producing asset in a strong rental location with solid fundamentals and long-term upside. (id:15069)

Property Details

MLS® Number X12806758
Property Type Multi-family
Community Name Homeside
Equipment Type Furnace
Parking Space Total 6
Rental Equipment Type Furnace

Building

Bathroom Total 6
Bedrooms Above Ground 6
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Block
Heating Fuel Other
Heating Type Radiant Heat
Stories Total 2
Size Interior 3,000 - 3,500 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Size Irregular 136.9 X 117.5 Acre
Size Total Text 136.9 X 117.5 Acre
Zoning Description C/s-1822

https://www.realtor.ca/real-estate/29383434/309-strathearne-avenue-hamilton-homeside-homeside

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