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Royal LePage
Royal LePage
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$749,990

5 Beds

2 Baths

1100 FEETSQ

QuickQuoteTM: $765K - $913K

Hamilton ON, L9C 4C3

MLS® # 40785260

Property Information:

Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. It’s just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!

Inclusions: Dryer,Garage Door Opener,Refrigerator,Stove,Washer

Building Features:

  • Floor Space: 1100 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 1+1
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Full, Partially Finished
  • Built in: 1961
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 1100 Square Feet
  • Heating: Forced Air, Natural Gas
  • Lot Depth: 110 Feet
  • Lot Features: Urban, Rectangular, Arts Centre, Near Golf Course, Hospital, Library, Marina, Park, Place of Worship, Public Transit, Quiet Area, Rec./Community Centre, Schools
  • Lot Frontage: 50.00 Feet
  • Parking Features: Attached Garage, Garage Door Opener, Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: C
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Rooms:

  • Other Main Level 4.80 X 3.96 Note: Kitchen/Dining Room
  • Primary Bedroom Main Level 3.58 X 3.05
  • Bedroom Main Level 5.44 X 3.58
  • Bedroom Main Level 3.35 X 2.67
  • Bathroom Main Level
  • Kitchen Basement Level 4.78 X 3.66
  • Bedroom Main Level 3.05 X 2.84
  • Recreation Room Basement Level 4.85 X 3.71
  • Bedroom Basement Level 6.10 X 4.14
  • Bathroom Basement Level
  • Laundry Basement Level 3.00 X 1.27
  • Other Basement Level 4.39 X 0.99 Note: Cold Room
  • Utility Basement Level 4.37 X 2.90

Courtesy of: Your Home Sold Guaranteed Realty Imperium

This listing content provided by Brokers PlaybookTM

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Location of 103 Briarwood Crescent, Hamilton, ON, L9C 4C3

Demographic Information of 103 Briarwood Crescent, Hamilton, ON, L9C 4C3

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$115,661.12

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.37 %

High school certificate or equivalent

27.87 %

Apprenticeship trade certificate/diploma

5.51 %

College/non-university certificate

28.88 %

University certificate (below bachelor)

2.07 %

University Degree

20.3 %

Commuter

Travel To Work

By Car

90.62 %

By Public Transit

3.13 %

By Walking

1.89 %

By Bicycle

0.0 %

By Other Methods

4.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.22 %

Houses

99.78 %

Own Vs. Rent

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