27 Grove Street Hamilton (Corktown), Ontario L8N 1P4
MLS# X11881114 - Buy this house, and I'll buy Yours*

$849,900

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, 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 & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT. (id:51158)

Property Details

MLS® Number	X11881114
Property Type	Single Family
Community Name	Corktown
Amenities Near By	Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features	Community Centre
Features	Lane
Parking Space Total	2

About 27 Grove Street, Hamilton (Corktown), Ontario

This For sale Property is located at 27 Grove Street Single Family Triplex set in the community of Corktown, in the City of Hamilton (Corktown). Nearby amenities include - Hospital, Park, Place of Worship, Public Transit, Schools Single Family has a total of 3 bedroom(s), and a total of 3 bath(s) . 27 Grove Street has Forced air heating and Window air conditioner. This house features a Fireplace.

The Basement is Finished and features a Apartment in basement, Walk out.

This Hamilton (Corktown) Triplex's exterior is finished with Brick

The Current price for the property located at 27 Grove Street, Hamilton (Corktown) is $849,900 and was listed on MLS on :2024-12-04 18:19:21

Building

Bathroom Total	3
Bedrooms Above Ground	2
Bedrooms Below Ground	1
Bedrooms Total	3
Amenities	Separate Electricity Meters
Basement Development	Finished
Basement Features	Apartment In Basement, Walk Out
Basement Type	N/a (finished)
Cooling Type	Window Air Conditioner
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	Triplex
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	92 Ft
Size Frontage	20 Ft
Size Irregular	20 X 92 Ft
Size Total Text	20 X 92 Ft
Zoning Description	R1a

https://www.realtor.ca/real-estate/27708996/27-grove-street-hamilton-corktown-corktown