Legal 2-Unit Potential– Fixer Upper in Hamilton

aaronmoore

Frequent Forum Member
REIN Member
Who wants a legal 2-unit and is OK with a big reno?
-Drawings are done
-Committee of Adjustments decision has been GRANTED to convert this to a 2-unit dwelling.
-House is gutted now, but there is Significant Multi-Unit Rental Income upon completion
-Great set-up for a handyman's first home. Design your living space the way you want, and earn extra income from the rental.

SUMMARY:
- LOCATION: Hamilton (near Wentworth St N & Burlington St E)
- PURCHASE PRICE: $346,000
- AFTER REPAIR VALUE: approx $500,000 as legal 2-unit
- CLOSING: May 19, 2020 (This is an assignment sale)
- TYPE: detached, 2 storey
- BEDS/BATHS: 3 bed, 2 bath previously (Drawings have 4 bed and 2 bath on 2nd floor, 2 kitchens on main floor. A vertical split 2-unit.)
- SQFT: 1306 sqft
- LOT: 25x100
- AGE: 1910 built

More Details and Pictures are here: https://www.housedealsgta.ca/property/fixer-upper-hamilton-ontario/
 
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