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641 LIMERIDGE Road E, Hamilton — listed at $749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, with the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| 4pc Bathroom | Main level | — |
| Recreation room | Basement | 17'2'' x 24'2'' |
| Loft | Second level | 10'0'' x 21'7'' |
| Bedroom | Second level | 10'0'' x 14'3'' |
| Bedroom | Main level | 9'0'' x 10'3'' |
| Bedroom | Main level | 11'7'' x 11'7'' |
| Primary Bedroom | Main level | 10'0'' x 14'2'' |
| Kitchen | Main level | 11'4'' x 15'10'' |
| Living room | Main level | 14'3'' x 11'3'' |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,790.84, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 4 spaces — Attached Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 641 LIMERIDGE Road E a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms (1462 sq ft), there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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