74 Cathcart Street

Hamilton, ONMulti-family
$749,000
MLS® X13811350
Multi-family4 beds4 baths2 total
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About This Property

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas. (id:63604)

Key Facts

Type
Multi-family
Beds
4
Baths
4
Size
1,500 sqft
Lot
22 x 220 FT
Parking
2 total

Highlights

  • All
Property Details 17 details
Bedrooms
4 bedrooms
3 above grade + 1 below grade
Bathrooms
4 bathrooms
Parking
2 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2.50
Basement
Finished, Full, Walk-up
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
22 x 220 FT
Frontage
22 feet
Taxes
$4,936.00
Zoning
D5
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

All

Exterior features

BrickStone

Lot and water

Carpet Free
Rooms 16 rooms
Level
Room
Dimensions
Main level
Kitchen
3.91 m x 4.06 m
Third level
Laundry room
1.57 m x 2.03 m
Basement
Living room
2.77 m x 8.31 m
Basement
Kitchen
2.11 m x 2.82 m
Basement
Bedroom
3.1 m x 3.2 m
Basement
Bathroom
Not specified
Basement
Laundry room
1.6 m x 2.16 m
Main level
Living room
3.99 m x 3.76 m
Main level
Bedroom
2.84 m x 3.68 m
Main level
Laundry room
Not specified
Main level
Bathroom
Not specified
Second level
Kitchen
5 m x 4.44 m
Second level
Living room
5 m x 4.04 m
Second level
Bedroom
3.66 m x 3.17 m
Second level
Bathroom
Not specified
Third level
Primary Bedroom
3.33 m x 3.71 m

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Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$749,000
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
Beasley
City
Hamilton
Postal code
L8R 1M5
Nearby
Cross Streets: Cannon St E / Wellington St N. ** Directions: Wellington St N to Cannon St E to Cathcart St.
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