27 Grove St, Hamilton

$879,900

2 + 1 Bed, 3 Bath, 2-Storey home is located near Wellington St S in Corktown.

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.

27 Grove St, Hamilton is a 2 + 1 bedroom, 3 bathroom residential 2-Storey triplex home. 27 Grove St, Hamilton is conveniently located in the Corktown neighbourhood of Hamilton Ontario. 27 Grove St, Hamilton is an MLS®-Listed home with an asking price of $879,900. This residential property has been listed on ctfrealty.com for 1 days. The home is 100+ years old. Based on the Listing Price of 27 Grove St, Hamilton, the estimated monthly mortgage payment would be $4,251. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 27 Grove St, Hamilton are approximately $4,129/year based on 2024 assessment.

This 2-Storey triplex home located at 27 Grove St, Hamilton features a Brick exterior. The lot size of this North facing property is 20 x 92 feet. The property has 2 parking spaces. The home has Gas fueled Forced Air heating. Features of 27 Grove St, Hamilton include hospital, park, place of worship, public transit, recreation centre, school.

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Property

  • Mortgage (est): $4,251
  • Taxes: $4,129/year
  • Lot Size: 20 x 92
  • Age: Ask us

Building

  • Fronting: North
  • Exterior: Brick
  • Basement: Apartment, Finished Walk out
  • Parking: 2 Space
  • Garage: None

Utilities

  • Heat: Forced Air
  • Hydro: Ask us
  • Gas: Ask us
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: Ask us

Room Size Level Features

 
 
 
 

Mortgage Amount:

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Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.