ON > Hamilton > Jerome
Hamilton, ON L9B 1A8,171 Stone Church RD E
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Hamilton, ON L9B 1A8,171 Stone Church RD E
Hamilton, ON L9B 1A8,171 Stone Church RD E
Hamilton, ON L9B 1A8,171 Stone Church RD E
Hamilton, ON L9B 1A8,171 Stone Church RD E
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Daniel Dyrda

Daniel Dyrda

Every Avenue Real Estate

+1(905) 616-8922
$ 1,250,800
Est. payment /mo
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171 Stone Church RD E Hamilton, ON L9B 1A8

16 Beds

4 Baths

UPDATED:

03/15/2025 03:11 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Jerome

MLS Listing ID X12020886

Style 2-Storey

Bedrooms 16

Annual Tax Amount $3,302

Tax Year 2024

Property Sub-Type Detached

Property Description

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 & 19th room!

Location

Province ON

County Hamilton

Community Jerome

Area Hamilton

Zoning R1

Rooms

Family Room No

Basement Separate Entrance, Finished

Kitchen 1

Interior

Interior Features Water Heater, In-Law Capability

Cooling None

Fireplaces Number 1

Inclusions All existing Tenant's Last month's rent deposit, Complete copy of lease's Appliances included: Fridge x3, Freezer x1, Electric Stove/Oven x2, Microwave x 2, ELFS, Security Cameras, Garage Door opener(s)Exclusions:tenants belongings & ATV's x 2 in Garage

Exterior

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 123.8

Total Parking Spaces 6

Building

Foundation Concrete Block

Others

Senior Community Yes

Listed by REVEL REALTY INC.
agent

Daniel Dyrda

Agent

+1(905) 616-8922

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171 Stone Church RD E