172 Markland St

Hamilton | Durand | L8P 2K5
  • 8
  • 6
  • 0

$1,800,000

Est. Mtg $6,103 /mo
  • Days on market

    29

  • Status

    New

Listing Broker RE/MAX GARDEN CITY REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9769043

Property type:
Multiplex
Style:
2-Storey
Taxes:
$10,034
Possession:
Immediate
Lot Front:
56.29   Feet
Lot Depth:
74.0   Feet
Basement:
Part Bsmt | Part Fin
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


172 Markland St, , Hamilton, Ontario is a Multiplex property in Hamilton and in the Durand community in the L8P 2K5 postal code


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 12x15 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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-03 2024-05 $1,590,000 $1,590,000 Ter X8140962
2024-05 2024-07 $1,588,000 $1,588,000 Ter X8348892
2024-10 2024-11 $1,800,000 $1,800,000 New X9769043

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 172 Markland St

Based on available 3rd party data

$7074

Approximate costs per month

Mortgage
$6103 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$836 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX GARDEN CITY REALTY INC.
Data Source: TRREB

Payment calculator

$6939 monthly. In association with: TD Bank
%
  • Principal and Interest
    6103 /mo
  • Property Taxes
    $836 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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