38 Viewpoint Ave

Hamilton | Eastmount | L8V 2S5
  • 7
  • 4
  • 0

$1,585,000

Est. Mtg $5,374 /mo
  • Days on market

    20

  • Status

    New

Listing Broker ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Since listed: 0 views

Home details

MLS #:

X9308850

Property type:
Triplex
Style:
1 1/2 Storey
Taxes:
$3,900
Possession:
Flex
Lot Front:
50.07   Feet
Lot Depth:
125.2   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


38 Viewpoint Ave, , Hamilton, Ontario is a Triplex property in Hamilton and in the Eastmount community in the L8V 2S5 postal code


Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing..

Extras

NOI between $87,764 - $95,516.


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-08 $1,695,000 $1,695,000 Ter X8437850
2024-09 2024-09 $1,585,000 $1,585,000 New X9308850

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 38 Viewpoint Ave

Based on available 3rd party data

$5834

Approximate costs per month

Mortgage
$5374 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$325 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Data Source: TRREB

Payment calculator

$5699 monthly. In association with: TD Bank
%
  • Principal and Interest
    5374 /mo
  • Property Taxes
    $325 /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

Gunpreet Kochar, Realtor

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