view of front facade featuring roof with shingles Features: porch, fence

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entrance to property with covered porch Features: porch, lawn

interior space featuring dark wood-type flooring and a textured ceiling Features: natural light, sink, hardwood floor, beamed ceiling, textured ceiling, refrigerator, range oven

kitchen featuring white appliances, white cabinets, dark wood finished floors, under cabinet range hood, and light countertops Features: sink, white cabinets, range hood, range oven, l shaped kitchen, vent, hardwood floor, countertops, natural light, refrigerator

kitchen featuring white cabinets, white appliances, dark wood-type flooring, light countertops, and under cabinet range hood Features: hardwood floor, range hood, range oven, white cabinets, refrigerator, vent, countertops, low ceiling

below grade area with dark wood-style flooring and recessed lighting Features: natural light, hardwood floor, vent

unfurnished bedroom featuring a textured ceiling, wood finished floors, and a closet Features: hardwood floor, textured ceiling, vent, natural light, closet

unfurnished bedroom with dark wood-style flooring, a closet, and a textured ceiling Features: vent, textured ceiling, hardwood floor, closet

bathroom featuring shower / tub combo and vanity Features: mirror, toilet, sink, combined bath shower, vanity

half bath with vanity and light wood finished floors Features: sink, fire extinguisher, toilet, vanity, hardwood floor, mirror

laundry room with independent washer and dryer Features: natural light, sink, separate washer dryer, fire extinguisher, washer hookup

view of home's exterior featuring a shingled roof Features: window mounted ac

view of yard with a deck Features: lawn, fence

view of patio with grilling area Features: patio, grill

back of house with a yard and a patio Features: grill, patio, lawn

rear view of property Features: lawn, fence

view of green lawn Features: lawn, fence

view of yard featuring a garage Features: lawn, garage, fence, gas meter, high tension power lines view

view of side of property with a yard Features: fence, lawn

view of side of home featuring asphalt driveway and a garage Features: built in garage, fence, lawn

view of building exterior Features: built in garage

view of front of house with a front yard Features: lawn, built in garage, fence

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For Sale - 154-156 Freelton Road, Hamilton, Ontario

154-156 Freelton Road

Hamilton , Ontario

13 11 $1,550,000

Est payment $7,443/mo

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Time on Jump 12 day

AI Summary *

Great investment with over 7% cap rate in Freelton.
Two residential buildings with multiple two-bedroom and one-bedroom apartments.
Large garage/shop offers extra revenue potential or storage space.
Tenant parking for over ten cars and onsite laundry facilities.
Convenient location near downtown Waterdown and major highways.

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Purchase Price

Term

Interest Rate

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Down Payment:
$ 77,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown waterdown, 8 minutes to the 401, and 25 minutes to cambridge. Gems like these don't come around often. Rsa.

Listing IDX13207934

Address154-156 Freelton Road

CityHamilton, Ontario

Price$1,550,000

Bed / Bath13 / 11 Full

Style2-Storey, Multiplex

ConstructionVinyl Siding

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Full, Partially Finished, Walk-OutFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Septic

Market Info

Parking 9.00

Listing Agency:
RE/MAX ESCARPMENT REALTY INC.

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Listing Agency:
RE/MAX ESCARPMENT REALTY INC.

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For Sale - 154-156 Freelton Road, Hamilton, Ontario

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Property Info

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Market Info

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