773 Lawrence Road Hamilton, Ontario L8K 1Z7

6 Bedroom 3 Bathroom 3,161 ft2
2 Level Central Air Conditioning Forced Air

$1,100,000

A Savvy Investor’s Dream: Turn-Key Triplex with Guaranteed Positive Cash Flow & stellar tenants already in place. Meticulously renovated dwelling offers a rare opportunity for an investor to acquire a high-performing asset with zero startup headaches. This property was completely renovated July 2022 with an unwavering commitment to quality and longevity with newer shingles and new concrete walkways. The electrical system was redone in 2022 to provide a separate meter & panel for each unit. High efficiency Trane A/C unit with 10 yr warranty was installed in July 2023, and a new York High-Efficiency furnace, both have transferable warranties. All new ductwork for unit #3. Inside, each of the three units have been exquisitely finished to attract & retain premium tenants. In each apt are new modern kitchens featuring sleek quartz countertops, and matching backsplash & five new appliances, for a total of 15 across the property. The bathrooms have all been fully renovated with modern fixtures and finishes. Solar Film professionally applied to 20 windows by SunOut Solutions for enhanced privacy and energy efficiency. Ventilation fans and air intake installed in the crawl space by Black & White Construction to prevent mold and mustiness. The property is equipped with two Wi-Fi-enabled security cameras with remote access and video storage. Each unit, including the rear door for unit one, features keypad locks for keyless convenience. An EcoBee Wi-Fi-enabled thermostat allows for remote temperature control and can be locked with a code, giving the owner full control over efficiency. Added security measures, like bars on glass door inserts and an extra window AC unit, are a commitment to tenant safety & comfort. Nestled just minutes from transit, the Redhill Expressway, and the QEW, to conservation areas, Kings Forest Golf Club and the Rosedale Tennis Club. Investment Opportunities like this are exceptionally rare & demand swift action call today to view before it's SOLD! (id:47351)

Property Details

MLS® Number 40758030
Property Type Single Family
Amenities Near By Golf Nearby, Park, Place Of Worship, Public Transit
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Conservation/green Belt, Paved Driveway
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Below Ground 1
Bedrooms Total 6
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1935
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Metal
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3,161 Ft2
Type House
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Golf Nearby, Park, Place Of Worship, Public Transit
Sewer Municipal Sewage System
Size Depth 98 Ft
Size Frontage 44 Ft
Size Total Text Under 1/2 Acre
Zoning Description C/s-1164

Rooms

Level Type Dimensions
Second Level Laundry Room Measurements not available
Second Level 4pc Bathroom 10'2'' x 7'8''
Second Level Bedroom 9'5'' x 8'2''
Second Level Bedroom 9'5'' x 9'4''
Second Level Bedroom 17'10'' x 12'5''
Second Level Sitting Room 18'1'' x 14'1''
Second Level Living Room 18'8'' x 15'3''
Second Level Eat In Kitchen 18'8'' x 11'11''
Basement 3pc Bathroom 9'9'' x 5'6''
Basement Bedroom 14'0'' x 13'8''
Basement Storage 16'2'' x 8'7''
Basement Laundry Room 10'4'' x 8'6''
Basement Kitchen 11'9'' x 10'10''
Basement Living Room 11'10'' x 11'9''
Main Level Laundry Room 18'8'' x 6'5''
Main Level 4pc Bathroom 8'11'' x 5'2''
Main Level Bedroom 9'0'' x 7'10''
Main Level Bedroom 12'3'' x 10'2''
Main Level Kitchen 17'2'' x 8'0''
Main Level Living Room/dining Room 19'0'' x 14'3''

Utilities

Electricity Available

https://www.realtor.ca/real-estate/28705558/773-lawrence-road-hamilton