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$ 675,000
Est. payment /mo
Active
65 Aikman AVE Hamilton, ON L8M 1P8
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Gibson
MLS Listing ID X11908408
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,928
Tax Year 2024
Property Sub-Type Duplex
Property Description
An exceptional investment opportunity awaits at 65 Aikman Avenue in Hamiltons vibrant Gibson neighborhood. This legal duplex includes full architectural and mechanical drawings, approved minor variances, and transferable development charges, streamlining its conversion into a fourplex. With an open permit in place, investors can start renovations immediately upon closing, significantly reducing holding costs. Each unit features separate egresses, ensuring tenant safety and privacy. Parking is ample, with two front spots and two rear spots, including a detached garage off the laneway. Currently vacant, the duplex offers two spacious three-bedroom units, allowing for immediate transformation. Post-conversion, the estimated gross rental income is $5,800/month, with potential to reconfigure the layout for even greater returns. Situated in Gibson, a neighborhood known for its livability, affordability, and accessibility, residents enjoy proximity to schools, parks, transit, and local hotspots. A rare, value-add opportunity to maximize rental potentialdon't miss out!
Location
State ON
County Hamilton
Community Gibson
Area Hamilton
Rooms
Family Room Yes
Basement Finished with Walk-Out
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking, Lane
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 24.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Unit Features Public Transit,School
Foundation Stone
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
Listed by ROYAL LEPAGE SIGNATURE REALTY