| West Avenue N, Hamilton, ON
Offer Date: FIRST COME FIRST SERVE
Closing Date: March 1st 2024
** Realtors bring us a client and add your commission on top of the purchase price**
About the Property
This property consists of two semi-detached bungalow dwellings. Each unit has a 2 bed, 1 bath layout and has an approximate footprint of 740 sqft. Both properties currently sit on a shared 49ft x 128ft lot. Both dwellings require a complete cosmetic renovation. The rear area has been torn up and gutted in one of the units and will need to be reconstructed. Both units do have an unfinished basement with approximately 7ft of ceiling height. Both dwellings are currently parceled together as one property. To sell them as individual properties the lot will need to be severed. One unit is currently tenanted however the property will be completely vacant upon closing. This property is perfect for an investor looking for high potential flip or for an investor looking for a duplex rental property.
About the Neighbourhood
The subject property is situated in the Beasley neighborhood of Hamilton. Hamilton is located west of the GTA. The subject property is located east of the King St E and West Avenue North intersection. The property is surrounded by countless amenities such as restaurants, hospitals, Shoppers Drug Mart, No Frills, Tim Hortons, and many more! The subject property is a 4-minute drive from the Hamilton GO Centre providing easy transportation for commuters. There are multiple bus stops within walking distance of the subject property. Hwy 403 is a 9-minute drive away providing easy access both east towards the GTA and west towards Brantford.
Property Details
- 2 semi-detached bungalow dwellings on 1 lot
- Unit 1
- 744 sqft above grade
- 744 sqft below grade
- Unit 2
- 732 sqft above grade
- 732 sqft below grade
- Both units have unfinished basements
- approximately 6.5 ft – 7 ft ceiling height
- Built in 1900
- Both dwellings have fuse panels & copper wiring
- Unit 1 equipment:
- A/C is owned. Age is unknown. Will need to be repaired or replaced
- Furnace is owned. 3 years old
- HWT is rental. Age is unknown
- Unit 2 equipment
- No A/C
- Furnace is owned. 4 years old
- HWT is rental. Age is unknown
- Roof for both dwellings is 20 years old
- Windows on both dwellings are 22 years old
- No garage
- Property taxes are approximately $2521
- 49 ft x 128 ft lot
- Zoning D5
Recommended Renovations
- Complete cosmetic renovation
- Update roof
- Update windows
- Reconstruct rear addition of one unit
- Replace fuse panel with breaker panel
- Seller has the option to leave junk behind so we recommend budgeting for junk removal
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