27 Grove St

Hamilton | Corktown | L8N 1P4
  • 2 + 1
  • 3
  • 0

$879,900

Est. Mtg $2,983 /mo
  • Days on market

    13

  • Status

    New

Listing Broker REVEL REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9354370

Property type:
Triplex
Style:
2-Storey
Taxes:
$4,129
Possession:
Flexible
Lot Front:
20.0   Feet
Lot Depth:
92.0   Feet
Basement:
Apartment | Fin W/O
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


27 Grove St, , Hamilton, Ontario is a Triplex property in Hamilton and in the Corktown community in the L8N 1P4 postal code


Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!.

Extras

Carpet Free, Separate Hydro Meters.


History

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List Date End Date List Price End Price Status MLS #
2022-06 2022-07 $519,900 $520,000 Sld X5679896
2023-08 2023-11 $564,900 $547,500 Ter X6750618
2024-03 2024-04 $1,900 $1,900 Ter X8171432
2024-08 2024-09 $899,900 $899,900 Ter X9252834
2024-09 2024-09 $879,900 $879,900 New X9354370
2023-08 $350,000 $350,000 X6547118
2023-08 $519,900 $519,900 X6561694

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 27 Grove St

Based on available 3rd party data

$3462

Approximate costs per month

Mortgage
$2983 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$344 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Park
  • Place Of Worship
  • Public Transit
  • Rec Centre
  • School
Listing Broker REVEL REALTY INC.
Data Source: TRREB

Payment calculator

$3327 monthly. In association with: TD Bank
%
  • Principal and Interest
    2983 /mo
  • Property Taxes
    $344 /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

Mike Zamani, Realtor

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