28 Eastbourne Avenue Hamilton, Ontario L8M 2M7

$850,000

Incredible opportunity to own a meticulously upgraded legal triplex in Hamiltons desirable St. Clair neighbourhood. This solid 2.5-storey brick home offers approx. 2377 sq ft, 5 bedrooms, and 4 bathrooms, all set on a mature, tree-lined street just steps from Gage Park, schools, transit, and downtown amenities. Currently generating a strong 6.5% cap rate, this property is ideal for investors seeking turn-key income with minimal maintenance. Fully fire-code compliant with sprinkler system, fire-rated metal doors and windows, double drywall, and upgraded insulation and soundproofing. Recent upgrades include a fully rebuilt basement (waterproofed, soundproofed, insulated), updated electrical system, and a fully rebuilt second-floor deck and staircase. Unit 2 has been beautifully redone, featuring a modern kitchen with quartz countertops, undermount sink, updated bathroom, new flooring, and fresh paint throughout. The main floor bathroom has also been completely renovated. Appliances have been replaced across the property and include 4 fridges, 4 stoves, and a stackable washer/dryer. Exterior enhancements include professional landscaping in the front and backyards, a large rear deck, and a new front retaining wall for added curb appeal. A private single-lane driveway accommodates parking for 3 vehicles. This is a prime asset in a growth-focused area ideal for investors, multigenerational living, or owner-occupiers. (id:60365)

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https://www.realtor.ca/real-estate/28767463/28-eastbourne-avenue-hamilton-st-clair-st-clair