BINNY ARORA
REALTOR®
NEW HOMES & CONDOS
PRECONSTRUCTION |RESIDENTIAL
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171 Stone Church Road E
Hamilton
L9B 1A8
$1,199,900
Residential Freehold
beds: 16
baths: 4.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12061198
- Bedrooms:
- 16
- Bathrooms:
- 4
- Photos (40)
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INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 2000-2500
- Depth:
- 123'10"
- Frontage:
- 60'
- Direction Faces:
- South
- Bedrooms:
- 16
- Bathrooms:
- 4.0
- Water supply:
- Municipal
- Kitchens:
- 1
- Bedrooms Above Grade:
- 16
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 21
- Ensuite Laundry:
- No
- Zoning:
- R1
- Heating type:
- Radiant
- Heating Fuel:
- Gas
- Fireplaces:
- 1
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shingle
- Basement:
- Separate Entrance, Finished
- Fireplace/Stove:
- No
- Garage:
- Attached
- Garage Spaces:
- 3.0
- Parking Spaces:
- 6
- Total Parking Spaces:
- 6.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $3,302 / 2025
- Assessment:
- $- / -
- Hamilton
- Jerome
- Hamilton
- Water Heater, In-Law Capability
- Furnace, Tankless Water Heater
- Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Freezer, Garage Door Opener, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Other, Negotiable
- Brick
- Green Property Information Statement:
- No
- Special Designation:
- Other
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Listed by REVEL REALTY INC.
Data was last updated April 27, 2025 at 06:15 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,154,750
- Min list price:
- $830,000
- Max list price:
- $1,319,000
- Avg days on market:
- 23
- Min days on market:
- 3
- Max days on market:
- 261
These statistics are generated based on the current listing's property type
and located in
Jerome. Average values are
derived using median calculations.
- BINNY ARORA
- INTERCITY REALTY INC., BROKERAGE
- 1 (905) 9997670
- Contact by Email