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NEW PRICE: $419,000.00
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Investment Profile
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Lot size: 33 x 150 Ft.
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Location: Hamilton West, near McMaster University
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Legal Description: PT LT 9 BLK 2 RANGE 1 PL 1435
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Closest Street: Queen St
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No. of Units: 3 x 2 bedroom, 1 x 1 bedroom, 2 x bach.
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Fire retrofit: Complete
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Fire Escape: Rebuilt in 2008 and 2009
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Hallways: Linoleum Tiles
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Windows: Some new windows
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Height: 2 storey walk up
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Construction: Brick and block
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Balconies: None
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Roof: Peaked roof, age unknown
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Laundry Equip: None
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Elevator: none
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Parking: 7 cars
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Heated by: Natural gas hot water boiler
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Hot water tank: Owned
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Included in rent: Heat, Water, some hydro
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Appliances: 6 fridges and 6 stoves belonging to building
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Intercom: None
Comments
Extensive renovations, Great condition and location. Rents are well below area average (based on CMHC report).
Financing
Assumable first mortgage CMHC insured of approx. $330,000 @ 5.25% 5 years (June 2014).
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