65 Aikman Ave

Hamilton | Gibson | L8M 1P8
  • 4 + 2
  • 2
  • 0

$675,000

Est. Mtg $2,288 /mo
  • Days on market

    104

  • Status

    New

Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Since listed: 3 views

Home details

MLS #:

X11908408

Property type:
Duplex
Style:
2 1/2 Storey
Taxes:
$4,928
Possession:
Anytime
Lot Front:
24.0   Feet
Lot Depth:
100.0   Feet
Basement:
Fin W/O |
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


65 Aikman Ave, , Hamilton, Ontario is a Duplex property in Hamilton and in the Gibson community in the L8M 1P8 postal code


An exceptional investment opportunity awaits at 65 Aikman Avenue in Hamiltons vibrant Gibson neighborhood. This legal duplex includes full architectural and mechanical drawings, approved minor variances, and transferable development charges, streamlining its conversion into a fourplex.With over $130,000 allready spent to kick start the projec and an open permit in place, investors can start renovations immediately upon closing, significantly reducing holding costs. Each unit features separate egresses, ensuring tenant safety and privacy. Parking is ample, with two front spots and two rear spots, including a detached garage off the laneway. Currently vacant, the duplex offers two spacious three-bedroom units, allowing for immediate transformation. Post-conversion, the estimated gross rental income is $5,800/month, with potential to reconfigure the layout for even greater returns. Situated in Gibson, a neighborhood known for its livability, affordability, and accessibility, residents enjoy proximity to schools, parks, transit, and local hotspots. A rare, value-add opportunity to maximize rental potential don't miss out!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2019-06 2019-09 $639,000 $592,000 Ter X4489542
2019-09 2019-12 $579,900 $579,900 Exp X4583931
2021-07 2021-08 $675,000 $660,000 Sld X5313988
2022-04 2022-06 $1,900 $1,800 Lsd X5559746
2022-04 2022-07 $799,000 $760,000 Sld X5588633
2022-06 2022-07 $2,100 $2,100 Ter X5666137
2025-01 2025-03 $675,000 $675,000 New X11908408
2019-09 $639,000 $592,000 X4489607
2019-12 $579,900 $579,900 X4583943

Comparables

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sold Date Address List Price sold Price DOM
2023-05 50 Sherman Ave S, $569,999 $640,111 5
2021-02 25 Barnesdale Ave S, $670,000 $777,800 8
2020-09 106 Barnesdale Ave N, $799,900 $701,000 40
2020-02 78 Barnesdale Blvd, $819,900 $800,000 36

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 65 Aikman Ave

Based on available 3rd party data

$2834

Approximate costs per month

Mortgage
$2288 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$410 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Public Transit
  • School
Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Data Source: TRREB

Payment calculator

$2699 monthly. In association with: TD Bank
%
  • Principal and Interest
    2288 /mo
  • Property Taxes
    $410 /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

Emmalay Rattana, Realtor

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