For Sale

260 Prospect Street, Hamilton (Blakeley), Ontario L8M2Z9

$678,000

260 Prospect Street, Hamilton (Blakeley), Ontario L8M2Z9 is For Sale and has a listing price of 678,000. The property is located in the Blakeley neighbourhood. It's been on the website for 58 Days.

  • Single Family
    Property Type
  • Duplex
    Building Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Detached Garage
    Parking
  • 4
    Parking Spaces
  • MLS ID: X9081533
  • Office Name HARVEY KALLES REAL ESTATE LTD.
Property Description

Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed. (id:43137)

Property Details
  • Bedrooms: 4
  • MLS ID: X9081533
  • Bathrooms: 2
  • Price: $678,000
  • Transaction Types: For Sale
  • Ref ID: 27221235
  • Year Built: N/A
  • Building Type: Duplex
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/26/2024 X9081533 $678,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Main 3.3 m x 3.56 m
Bedroom - Main 2.9 m x 3.1 m
Bedroom 2 - Main 2.59 m x 3.5 m
Kitchen - Main 3.35 m x 3.66 m
Dining room - Main 3.05 m x 3.81 m
Living room - Upper Level 3.86 m x 5.08 m
Bedroom - Upper Level 3.35 m x 3.51 m
Bedroom - Upper Level 3.35 m x 2.9 m
Neighborhood Stats
Blakeley
  • $1,074,829 Average List Price
    based on 1 year
  • 12 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.14 % Up
  • Sold (12mo) 11
  • Rented (12mo) 9

  • 1 Month Change +59.4%
  • 3 Month Change +0.7%
  • 6 Month Change +52.7%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 59 Transit Score
    Good Transit
  • 68 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    79.82%
  • Commercial
    13.6%
  • Condo
    5.7%
  • Land for Sale
    0.88%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Aluminum Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 4
  • Basement Separate Entrance
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/07/2024 00:00:00
  • Zoning Hdr2.3
  • Agent Name: KEN KLINAFTAKIS
  • Last Updated: 17/09/2024 03:49:39
Open House Dates
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