2 Lydia Street

Hamilton, ON L8K 3B9 ( Rosedale)

Quick Facts

Type: Detached

Style: 1 1/2 Storey

Size: Sq Ft

Age: Years

Taxes: $ 3,887 ( 2024)

Updated: 2025-06-24 15:02:44

Description

Welcome to 2 Lydia Street a TURNKEY triplex nestled on a quiet residential street just minutes from downtown, transit, park and school on a highly desirable Rosedale area of Hamilton . Whether you\'re an investor seeking cash flowing rental income or a homeowner looking to live in one unit while renting out the others, this property offers unmatched flexibility and value. This exceptional property features 4+2 bedrooms, 3 bathrooms, 3 kitchens, and is spread across three finished levels, offering a versatile layout perfect for investors, multi-generational families, or homeowners seeking a mortgage helper. The main floor offers 3 bedrooms, a 4-piece bathroom, and a full kitchen, currently vacant but can be rented out for $2,100/month. The upper level has a self-contained 1-bedroom unit with a 3-piece bathroom and kitchen, rented for $1,500/month. The fully finished basement features 2 bedrooms, a 4-piece bathroom, and a kitchen, rented for $1,700/month. Thats a total gross annual income of $64,800, with potential for even more. Triple A tenants are in good standing and willing to stay. The buyer may choose to occupy the main unit and rent out the others. Extensive updates have been completed, including new appliances, flooring, and plumbing, furnace and AC (2021), hot water tank (2020), a new deck, upgraded 200-amp electrical panel (2020), 18 replaced windows (2021), newer roof, and a whole home water filtration system. Capitalize on Hamilton\'s strong rental demand with this ready-to-go income property. Add to your portfolio with minimal effort, or explore owner-occupancy while tenants help cover the mortgage!

Extras

Detached

Property

Status: For Sale

MLS #: X12241599

Price: $ 799,000

Address: 2 Lydia Street

Type:

Style: 1 1/2 Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 3,887

Tax Year: 2024

Lot Size:

Neighbourhood: Rosedale

Nearest Intersection: Lawrence Road and Lydia Street

City: Hamilton

Postal Code: L8K 3B9

DOM: 39 Days

Last Update: 2025-06-24 15:02:44

 

Building

Interior

Bedrooms: 6

Bathrooms: 3

Rooms: 0

Kitchens: 3

Family Room:

Fireplace:

Basement: Finished|Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: None

Garage Spaces:

Parking Spaces: 1.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms