45 East Bend Avenue N Hamilton, Ontario L8L 7E1
$579,900
Seller motivated to sell this home. Flexible possession. Excellent for the 1st time BUYER or investor AND its a great mortgage helper (cap rate of 5.78%) set your own rents. Purpose built LEGAL duplex with 2 separate hydro meters and panels ,1 gas meter with hot water heating, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 15 yrs, newer floors on both levels, roof 2012. (rental income is projected, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, fire proofing between both floors, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at the back through the laneway. Seller will accommodate the Buyer to rent out the units prior to closing. Using $1600 for upper unit and $1800 for main floor and bsmt. (id:42029)
Property Details
| MLS® Number | 40706257 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Shopping |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1915 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 1386 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 100 Ft |
| SizeFrontage | 31 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | D |
https://www.realtor.ca/real-estate/28039674/45-east-bend-avenue-n-hamilton
Interested?
Contact us for more information
Joe Romeo
Broker
1400 Bishop St.
Cambridge, Ontario N1R 6W8
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March 18 2025 05:28:59
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc., Brokerage