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43 Crooks Street
homes for sale · Hamilton · Strathcona
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$929,000

43 Crooks Street

Strathcona, Hamilton · MLS® X13827776

5310

House · Multi-family · 29 days on market

listed by PAUL D BUTLER, RE/MAX ABOUTOWNE REALTY CORP.

realtor's description

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity!

property details

type
House, Multi-family
bedrooms
5
bathrooms
3
parking
10
property tax
$6,586 / yr
days on market
29
MLS®
X13827776

features

  • Carpet Free

monthly cost

$4,596/mo
Mortgage $4,048 · Tax $549

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,048/ monthly
loan $743,200
25-year amortization
total interest
$471,069
cash to close
$185,800
down payment; transfer tax and fees not included
total paid
$1,214,269

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Strathcona, HamiltonGoogle Maps ↗

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listed by
PAUL D BUTLER
RE/MAX ABOUTOWNE REALTY CORP.
call PAUL · 416-276-3460
Powered by: REALTOR.ca

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location

Strathcona, HamiltonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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