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641 LIMERIDGE Road E
homes for sale · Hamilton · Thorner
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$749,900

641 LIMERIDGE Road E

Thorner, Hamilton · MLS® 40857265

424

1,462 sq ft · House · Single Family · 46 days on market

listed by Tobias Smulders, RE/MAX Escarpment Realty Inc.

realtor's description

Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, with the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential.

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property details

type
House, Single Family
bedrooms
4
bathrooms
2
living area
1,462 sq ft
parking
4
property tax
$4,791 / yr
days on market
46
MLS®
40857265

monthly cost

$3,666/mo
Mortgage $3,267 · Tax $399

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

estimated payment
$3,267/ monthly
loan $599,920
25-year amortization
total interest
$380,253
cash to close
$149,980
down payment; transfer tax and fees not included
total paid
$980,173

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Tobias Smulders
RE/MAX Escarpment Realty Inc.
call Tobias · 289-812-8137
Powered by: REALTOR.ca

location

Thorner, HamiltonGoogle Maps ↗

location

Thorner, 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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