26 Melbourne Street
Hamilton (Kirkendall), Ontario L8P2A3

6 beds · 4 baths · 1999.983 - 2499.9795 sqft

Multi-unit property offers incredible income potential with three well-maintained units and a newly constructed vacant Additional Dwelling Unit (ADU) with a double garage at the rear of the property. Located just steps from trendy Locke St and close to hospitals and amenities, this property is a rare find. The Main Floor Unit is a 1-bedroom unit that features two dedicated parking spaces, with the tenant responsible for their own utilities. The unit has separate hydro, gas, and water meters. The Second Floor Unit is a 1-bedroom, two-story unit, inclusive of utilities, and boasts a new furnace and an air conditioning unit for year-round comfort, along with two parking spaces. The Basement Unit is a bachelor unit that is a gem with in-floor heating for ultimate comfort. It comes with one parking space and is perfect for maximizing rental income. The newly built **ADU** is a two-story structure with a garage below and a fully equipped 2-bedroom living space above. GREAT Investment! (id:39198)

Facts & Features

Building Type Fourplex

Year built

Square Footage 1999.983 - 2499.9795 sqft

Stories 2.5

Bedrooms 6

Bathrooms 4

Parking 5

NeighbourhoodKirkendall

Land size 42 x 140 FT

Heating type Forced air

Basement typeN/A (Finished)

Parking Type Detached Garage

Time on REALTOR.ca1 day

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX ESCARPMENT REALTY INC.

Powered by: REALTOR.ca

Home price

$1,650,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$15,009 / month

Rent $13,273

Savings $1,736

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$13,228 / month

Rent $12,867

Savings $361

Initial deposit 5%

Savings target Fixed at 5%

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