312 Catharine Street N , Hamilton

$1,485,000 / MLS® Listing #:H4097483

  • Property Info
  • WalkScore
  • Mortgage Info
  • Share

Amazing opportunity to purchase an investment property with a 6.5% cap rate! Two adjoining properties have been merged together to create this unique and prosperous money maker. The main floor is occupied by a well-known neighbourhood bakery which also occupies the North basement for a total rentable area of approximately 4,075 square feet. The commercial unit has a dedicated furnace and central air. The top level on the North side has a 1,848 square foot (approximate) 3 bedroom apartment with updated finishes -Kitchen with granite, stainless appliances, two 3-piece bathrooms, hardwood floor, solid core doors and more. This unit also has a large outdoor terrace, exclusive laundry, exclusive furnace & central air. The top level on the South side has a 1,109 square foot (approximate) 2 bedroom apartment with modern finishes including stainless appliances, updated 4-piece bath, and durable floors. This unit also has its own furnace, central air, exclusive laundry, and storage space in the South basement. Such a great investment with much higher rent potential and located close to the bustling James Street North district. Full property pro forma available. Buyer to due diligence on zoning, taxes, and room sizes. Dont be TOO LATE*! *REG TM. RSA (id:10452)

Property Details

Property Type Fourplex
Architectural Style 2 Level, Multi-Unit
Square Feet 6280.0000
Maintenance N/A
Days On Our Website 65
Basement Partially finished - Full (Partially finished)
Lot Dimensions 45 x 120|under 1/2 acre
Pool N/A
Area Hamilton
Air Conditioning Central air conditioning, Wall unit
Heating Natural gas - Forced air
Exterior Brick
Parking Spaces 4
Parking Type No Garage,No Garage
Sewers Municipal sewage system
Water Municipal water

Listing Office: RE/MAX Escarpment Woolcott Realty Inc.

Loading WalkScore data...

Loading Mortgage Calculators...

Terms Of Use Agreement

Terms of Use
This website is operated by Cam McCarroll, a salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Cam McCarroll, and CREA.

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Cam McCarroll may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Do you agree to these terms and conditions?