Type: Duplex
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 3,099 ( 2025)
Updated: 2025-11-14 15:52:41
Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome.
Duplex
Status: For Sale
MLS #: X12517690
Price: $ 759,900
Address: 125 Sanford Avenue
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 3,099
Tax Year: 2025
Lot Size:
Neighbourhood: Gibson
Nearest Intersection: Barton & Sanford
City: Hamilton
Postal Code: L8L 5Z4
DOM: 125 Days
Last Update: 2025-11-14 15:52:41
Bedrooms: 7
Bathrooms: 3
Rooms: 0
Kitchens: 3
Family Room:
Fireplace:
Basement: Separate Entrance Full,
Central Vacuum:
Exterior: Brick Vinyl Siding,
Driveway:
Garage: Available Lane Mutual Other Private
Garage Spaces:
Parking Spaces: 4.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Window Unit(s)
Water:
Sewers: