Get $2,323 Cash Back
43 CROOKS Street, Hamilton — listed at $929,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| Primary Bedroom | Basement | 8'9'' x 14'9'' |
| Living room | Basement | 12'5'' x 12'3'' |
| Kitchen | Basement | 8'10'' x 15'11'' |
| 4pc Bathroom | Second level | — |
| Living room | Second level | 12'6'' x 16'4'' |
| Primary Bedroom | Second level | 11'1'' x 16'4'' |
| Breakfast | Second level | — |
| Kitchen | Second level | 8'3'' x 9'11'' |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 12'0'' x 14'9'' |
| Family room | Main level | 13'2'' x 14'6'' |
| Dining room | Main level | 6'0'' x 10'9'' |
| Kitchen | Main level | 9'9'' x 14'1'' |
| Primary Bedroom | Main level | 9'5'' x 14'1'' |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,586, 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 10 spaces — Detached Garage.
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 home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 43 CROOKS Street a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms (1747 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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