260 Prospect St S

Hamilton | Blakeley | L8M 2Z9
  • 3 + 1
  • 2
  • 0

$678,000

Est. Mtg $2,298 /mo
  • Days on market

    65

  • Status

    New

Listing Broker HARVEY KALLES REAL ESTATE LTD.
Since listed: 2 views

Home details

MLS #:

X9081533

Property type:
Duplex
Style:
2-Storey
Taxes:
$3,922
Possession:
TBA
Lot Front:
50.0   Feet
Lot Depth:
100.0   Feet
Basement:
Sep Entrance | Unfinished
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


260 Prospect St S, , Hamilton, Ontario is a Duplex property in Hamilton and in the Blakeley community in the L8M 2Z9 postal code


Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-02 2024-03 $749,000 $749,000 Ter X8084644
2024-03 2024-06 $697,000 $697,000 Exp X8152754
2024-07 2024-07 $678,000 $678,000 New X9081533

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 260 Prospect St S

Based on available 3rd party data

$2760

Approximate costs per month

Mortgage
$2298 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$326 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Park
  • School
Listing Broker HARVEY KALLES REAL ESTATE LTD.
Data Source: TRREB

Payment calculator

$2625 monthly. In association with: TD Bank
%
  • Principal and Interest
    2298 /mo
  • Property Taxes
    $326 /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

Mimmo Galatti, Realtor

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