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FARHANG RAFII

Sales Representative
Right At Home Realty, Brokerage Independently owned and operated. 1550 16TH AVENUE BLDG B UNIT 3 & 4, Richmond Hill, Ontario L4B3K9 Cell: 647-606-4145Office: 905-695-7888

$849,000
Available - For Sale
Listing ID: X13473090
108 Victoria Avenue North , Hamilton, L8L 5E5, Hamilton


ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital, public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout
Price $849,000
Taxes: $4461.46
Occupancy: Tenant
Address: 108 Victoria Avenue North , Hamilton, L8L 5E5, Hamilton
Directions/Cross Streets: Wilson And Evans
Rooms: 12
Rooms +: 1
Bedrooms: 8
Bedrooms +: 1
Family Room: F
Basement: Apartment, Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 13.84 10.92 Broadloom, Window, Combined w/Sitting
Room 2 Main Kitchen 16.76 11.91 B/I Appliances, Tile Floor, Combined w/Dining
Room 3 Main Bedroom 17.42 10.92 Laminate, Closet, Closed Fireplace
Room 4 Main Bedroom 2 14.92 8.59 Tile Floor, W/O To Balcony, Closet
Room 5 Main Bedroom 3 10.92 9.68 Laminate, Large Closet, Window
Room 6 Second Kitchen 10.92 6.56 Vinyl Floor, B/I Appliances, Combined w/Dining
Room 7 Second Living Ro 14.17 9.84 Vinyl Floor, W/O To Garden, Closet
Room 8 Second Bedroom 7.9 8.92 Vinyl Floor, Pot Lights, Closet
Room 9 Second Bedroom 2 11.84 9.91 Vinyl Floor, Pot Lights, Closet
Room 10 Third Bedroom 11.84 9.91 Vinyl Floor, Pot Lights, Overlooks Frontyard
Room 11 Third Living Ro 15.84 11.41 Vinyl Floor, Pot Lights, Overlooks Garden
Room 12 Third Kitchen 11.32 9.58 Vinyl Floor, B/I Appliances, Pot Lights
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 4 Third
Washroom Type 3 4 Main
Washroom Type 4 4 Basement
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick, Brick Front
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 3
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Fenced Yard, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY SPECIALISTS INC.
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
905-695-7888
 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style: 2 1/2 Storey
Lot Size: x 155.00(Feet)
Approximate Age: 100+
Tax: $4,461.46
Maintenance Fee: $0
Beds: 8+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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