416-800-1055
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FOR SALE
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261 Mohawk Rd

261 Mohawk Rd, Hamilton

FOR SALE 11.7867 ฿ ( ? ) OR $1,699,000 CAD
+7
Listing contracted with The Agency
0
BEDROOMS
0
BATHROOMS
X11933561
MLS® ID
ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Multiplex Property
6 Parking Spaces
LOT SIZE
50.00 x 135.00
PROPERTY FEATURES
Hospital, Park, Place Of Worship, Public Transit, School Bus Route
Part Fin Basement
Brick Exterior
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SALES HISTORY
01/30/2025
FOR SALE
$1,699,000
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SOLD COMPARABLES
2+1 Beds
2 Baths
Sold Price
$695,000
List Price
$699,900
Sold Date
02/07/2024
DOM
XX Days
3 Beds
2 Baths
Sold Price
$820,000
List Price
$799,999
Sold Date
02/27/2024
DOM
XX Days
3+1 Beds
2 Baths
Sold Price
$620,000
List Price
$669,000
Sold Date
02/24/2024
DOM
XX Days
3 Beds
2 Baths
Sold Price
$680,000
List Price
$699,000
Sold Date
02/12/2024
DOM
XX Days
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PROPERTY TAXES
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PROPERTY DESCRIPTION
Located In One Of The Most Sought-After Neighbourhoods, This Well-Maintained 6-Unit Multiplex Offers A Prime Opportunity For Investors Looking For Consistent Income In A High-Demand Area. With A Total Annual Rental Income Exceeding $90,000, This Property Boasts A Strong Return On Investment. The Solid Brick Building Features Two 1-Bedroom Apartments And Four 2-Bedroom Apartments, Each Designed With Functional Layouts, Durable Finishes, Ensuring Long-Term Tenant Satisfaction. 50% Of The Apartments Have Been Renovated! Each Unit Enjoys Spacious Living Areas, Ample Natural Light, And Access To Nearby Amenities, Making This Building Highly Desirable. With Its Unbeatable Location Close To Public Transportation, Shopping, Dining, And Recreational Areas, This Building Stands Out As An Exceptional Investment In A Thriving Community. The Solid Brick Construction And Updates Including New Roof Shingles In 2015 And New Security System In 2020, Provide Stability And Low Maintenance, While The Current Rental Income Offers Immediate Cash Flow Potential. Dont Miss This Opportunity To Add A High-Performing Asset With Lots Of Uplift Potential To Your Portfolio.
LEGAL DESCRIPTION
Lt 51, Pl 846 ; Hamilton
Call: 416-800-1055
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