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$ 675,000
Est. payment | /mo
6 Beds
2 Baths
$ 675,000
Est. payment | /mo
6 Beds
2 Baths
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 6
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
Province ON
County Hamilton
Community Gibson
Area Hamilton
Rooms
Basement Finished with Walk-Out
Kitchen 2
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling Window Unit(s)
Inclusions 2 Stove, 2 Dishwashers, 2 Fridges, 2 clothes washers, 2 clothes dryers, 2 range hoods
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Stone
Lited by ROYAL LEPAGE SIGNATURE REALTY
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