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773 Lawrence Road Hamilton, Ontario L8K 1Z7

6 Bedroom 3 Bathroom 2000 - 2500 sqft
Central Air Conditioning Forced Air

$1,100,000

A Savvy Investors Dream: Turn-Key Triplex with Guaranteed Positive Cash Flow & stellar tenants already in place. Meticulously renovated dwelling offers a rare opportunity for an investor to acquire a high-performing asset with zero startup headaches. This property was completely renovated July 2022 with an unwavering commitment to quality and longevity with newer shingles and new concrete walkways. The electrical system was redone in 2022 to provide a separate meter & panel for each unit. High efficiency Trane A/C unit with 10 yr warranty was installed in July 2023, and a new York High-Efficiency furnace, both have transferable warranties. All new ductwork for unit #3.Inside, each of the three units have been exquisitely finished to attract & retain premium tenants. In each apt are new modern kitchens featuring sleek quartz countertops, and matching backsplash & five new appliances, for a total of 15 across the property. The bathrooms have all been fully renovated with modern fixtures and finishes. Solar Film professionally applied to 20 windows by SunOut Solutions for enhanced privacy and energy efficiency. Ventilation fans and air intake installed in the crawl space by Black & White Construction to prevent mold and mustiness. The property is equipped with two Wi-Fi-enabled security cameras with remote access and video storage. Each unit, including the rear door for unit one, features keypad locks for keyless convenience. An EcoBee Wi-Fi-enabled thermostat allows for remote temperature control and can be locked with a code, giving the owner full control over efficiency. Added security measures, like bars on glass door inserts and an extra window AC unit, are a commitment to tenant safety& comfort. Nestled just minutes from transit, the Redhill Expressway, and the QEW, to conservation areas, King Forest Golf Club and the Rosedale Tennis Club. Investment Opportunities like this are exceptionally rare & demand swift action. (id:60365)

Property Details

MLS® Number X12331842
Property Type Single Family
Community Name Rosedale
AmenitiesNearBy Golf Nearby, Park, Place Of Worship, Public Transit
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Flat Site, Conservation/green Belt, Level
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Steel
FireProtection Smoke Detectors
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Golf Nearby, Park, Place Of Worship, Public Transit
Sewer Sanitary Sewer
SizeDepth 44 Ft
SizeFrontage 44 Ft
SizeIrregular 44 X 44 Ft ; None
SizeTotalText 44 X 44 Ft ; None|under 1/2 Acre
ZoningDescription C/s-1164 C/s-1822

Rooms

Level Type Dimensions
Second Level Bedroom 2.89 m x 2.84 m
Second Level Bedroom 2.89 m x 2.84 m
Second Level Bedroom 2.89 m x 2.5 m
Second Level Bathroom 3.11 m x 2.34 m
Second Level Laundry Room Measurements not available
Second Level Kitchen 5.69 m x 4.22 m
Second Level Living Room 5.69 m x 4.65 m
Second Level Sitting Room 5.52 m x 4.3 m
Third Level Living Room 3.63 m x 3.58 m
Third Level Kitchen 3.58 m x 3.29 m
Third Level Laundry Room 3.15 m x 2.59 m
Third Level Other 4.94 m x 2.62 m
Third Level Bedroom 4.27 m x 4.17 m
Third Level Bathroom 2.97 m x 1.63 m
Main Level Living Room 5.79 m x 4.35 m
Main Level Kitchen 5.25 m x 2.44 m
Main Level Bedroom 3.74 m x 3.11 m
Main Level Bedroom 2.74 m x 3.11 m
Main Level Bedroom 2.74 m x 2.38 m
Main Level Bathroom 2.71 m x 1.59 m
Main Level Laundry Room 5.69 m x 1.95 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28706077/773-lawrence-road-hamilton-rosedale-rosedale

Bill Vasilis Papaioannou
Broker


RE/MAX Escarpment Realty Inc.
1595 Upper James St #4b
Hamilton, Ontario L9B 0H7

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