For Sale - 125 Sanford Avenue, Hamilton, Ontario

Est payment $3,767/mo
Views   1
Time on Jump  30 day
  • Legal duplex plus third unit offers strong investment potential.
  • Monthly income of $5,939 equals $71,268 annually.
  • Two hydro meters and separate breaker panels for efficiency.
  • Recently updated with minimal vacancy and strong rental history.
  • Ample storage and coin-op laundry for extra revenue.



Investment opportunity with cap rate of 6. 5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, abs drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/self represented buyers are also welcome.
Listing IDX12517690
Address125 Sanford Avenue
CityHamilton, Ontario
Price$759,900
Bed / Bath7 / 3 Full
Style2 1/2 Storey, Duplex
ConstructionBrick, Vinyl Siding
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Accessory Apartment, Countertop Range, In-Law Suite, On Demand Water Heater, Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater, Water MeterOutdoor Features Year Round LivingAmenities Hospital, Park, Place Of Worship, Public Transit, School, School Bus RouteOwnership FreeholdBasement Separate Entrance, FullFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  NEW ERA REAL ESTATE
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125 Sanford Avenue
Hamilton , Ontario
7 3 $759,900
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