27 Grove
Corktown | Hamilton
$879,900.00
Listed 21 days ago
- 2 bed
- 3 bath
- - sqft
- 2.0 parking
- Triplex
Instant Estimate
$825,403
-$54,497 compared to list price
Upper range
$935,787
Mid range
$825,403
Lower range
$715,019
Property history
- Now
- Listed on Sep 17, 2024
Listed for $879,900.00
21 days on market
- Aug 13, 2024
- 2 months ago
Terminated
Listed for $899,900.00 • about 1 month on market
Location & area
Schools nearby
Home Details
- Description
- Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!
- Additional media
- -
- Property taxes
- $4,129.34 per year / $344.11 per month
- Basement
- Apartment
- Basement
- Fin W/O
- Year build
- 100+
- Type
- Triplex
- Bedrooms
- 2 + 1
- Bathrooms
- 3
- Parking spots
- 2.0 Total
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Forced Air
- Fire place(s)
- N
Listing Brokerage
- MLS® Listing
- X9354370
- Brokerage
- REVEL REALTY INC.
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