$1,550,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.25' x 12.80' | |
| 2 | Bathroom | Main | 4-PieceBath | |
| 3 2-Piece Bathrooms on Ground Floor | ||||
| 8 4-Piece Bathrooms | ||||
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Freelton, Hamilton is a west GTA neighbourhood notable for its executives, business professionals, salespeople and tradespeople. Residents tend to be older with a significant number of kids aged 5 to 14, youth aged 15 to 24, adults aged 45 to 64 and seniors aged 65 to 69.
Kids Per Family
1.2
kids per family
in the neighbourhood.
37%
of residents are
single and loving it.
37% singles
Hamilton (46%)
17%
of residents
are renters.
17% renters
Hamilton (32%)
23%
of residents are
university grads.
23% university grads
Hamilton (28%)Average Household Income
$153K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Trades | 12% |
| Business | 11% |
| Management | 10% |
| Government | 6% |
6%
of residents were
born outside of Canada.
6% immigrants
Hamilton (25%)1.4% from UK
All-time
0.1% from Kenya
Recent
Foreign Languages
| French | 2% |
| German | 1% |
| Polish | 1% |
| Romanian | 1% |
| Italian | 1% |
Religions
| Christian | 72% |