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773 LAWRENCE Road, Hamilton — listed at $999,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to this exceptional fully renovated triplex located in the prestigious Rosedale section of Hamilton East, a truly spectacular neighbourhood known for its desirability. This three unit investment property represents an outstanding opportunity for savvy investors and owner-occupants alike, combining immediate cash flow with growth potential.The triplex comprises three distinct residential units. The first unit is a spacious three bedroom residence, perfect for families. The second unit features two generous bedrooms, ideal for couples or small families. The third unit is a cozy one bedroom apartment, excellent for young professionals or investors seeking reliable rental income.Two of the three units are currently fully rented with spectacular cap rates that demonstrate strong rental demand in this neighbourhood. The third unit is actively being rented out, ensuring full occupancy and maximum income potential soon. This situation provides flexibility for new ownership to implement their own property management strategies.The property features a beautiful backyard space and ample parking for residents and guests. The no maintenance exterior eliminates costly upkeep concerns. Located in one of Hamilton East's most desirable areas, this triplex sits in a vibrant neighbourhood with excellent walkability, access to local amenities, schools, transit, and shopping.The fully renovated condition means you are acquiring a modern, code compliant property ready to perform from day one. Whether you are an experienced investor seeking cash flowing assets or an owner-occupant living in one unit while collecting rent from two others, this Rosedale triplex offers exceptional value and income potential rarely available on the market. (id:60164)
What's the parking situation?+
This property includes 3 spaces.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,671.06, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 773 LAWRENCE Road a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms (2520 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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