110 Gray Road

Hamilton, ONMulti-family
$1,100,000
MLS® X13470126
Multi-family7 beds3 baths6 total
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About This Property

This exceptional duplex property offers a unique combination of immediate rental income and outstanding future development potential. Situated on an expansive oversized lot measuring approximately 87 ft x 150 ft, this property is truly a "diamond in the rough" for investors, builders, and families alike. Currently tenanted, the property generates strong cash flow, with opportunities to further enhance its income potential through strategic improvements. This multi family home with tremendous potential, requiring some TLC and creative remodeling ideas to unlock its full value. Prime Location: Ideally located in the heart of Stoney creek, a major intersection and surrounded by thriving commercial plazas, places of worship, schools, and essential community amenities. Development Potential: Positioned in a high-traffic, high-visibility area, this property presents numerous possibilities for future redevelopment or expansion, subject to applicable approvals. A must-see property with endless potential, waiting for your vision and creativity. Don't miss this rare opportunity to secure a valuable asset in one of Stoney Creek's most desirable and growing locations. (id:63604)

Key Facts

Type
Multi-family
Beds
7
Baths
3
Size
3,000 sqft
Lot
87 x 150 FT
Parking
6 total

Highlights

  • Window Coverings
Property Details 15 details
Bedrooms
7 bedrooms
5 above grade + 2 below grade
Bathrooms
3 bathrooms
Parking
6 parking spaces
Detached Garage · Garage
Living area
3,000 - 3,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2
Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
87 x 150 FT
Frontage
87 feet
Taxes
$6,326.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Window CoveringsSeparate Electricity Meters

Exterior features

StoneAluminum sidingBlock
Rooms 12 rooms
Level
Room
Dimensions
Main level
Living room
5.98 m x 3.88 m
Second level
Bedroom 5
3.34 m x 3.34 m
Basement
Recreational, Games room
Not specified
Main level
Dining room
3.39 m x 3.27 m
Main level
Kitchen
3.85 m x 3.33 m
Main level
Bathroom
Not specified
Main level
Primary Bedroom
4.74 m x 3.88 m
Main level
Bedroom 2
3.8 m x 3.88 m
Main level
Bedroom 3
3.34 m x 2.63 m
Second level
Kitchen
5.33 m x 2.89 m
Second level
Living room
4.27 m x 3.88 m
Second level
Bedroom 4
4.8 m x 4.13 m
Mortgage & Affordability Estimate monthly costs
Purchase price$1,100,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Stoney Creek
City
Hamilton
Postal code
L8G 3V1
Nearby
Hwy 8 / Gray Rd