For Sale

43 CROOKS Street, Hamilton (Strathcona), Ontario L8R2Z7

$1,125,000

43 CROOKS Street, Hamilton (Strathcona), Ontario L8R2Z7 is For Sale and has a listing price of 1,125,000. The property is located in the neighbourhood. It's been on the website for 32 Days.

  • Business
    Property Type
  • 5
    Bedrooms
  • Garage
    Parking
  • 8
    Parking Spaces
  • MLS ID: X11933956
  • Office Name RE/MAX ABOUTOWNE REALTY CORP.
Property Description

Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! (id:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: X11933956
  • Price: $1,125,000
  • Transaction Types: For Sale
  • Ref ID: 27826431
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
01/20/2025 X11933956 $1,125,000 For Sale - -
07/15/2024 X9038471 $1,175,000 For Sale - -
07/15/2024 X10403326 $1,175,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton (Strathcona)
  • $692,553 Average List Price
    based on 1 year
  • 7 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +15.4%
  • 3 Month Change +3.5%
  • 6 Month Change -
Walkscore
  • 89 Walk Score
    Very Walkable
  • 71 Transit Score
    Excellent Transit
  • 90 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    73.73%
  • Commercial
    19.49%
  • Condo
    6.78%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 8
  • Fireplace False
  • Parking Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/01/2025 00:00:00
  • Zoning R1-42
  • Agent Name: PAUL D BUTLER
  • Last Updated: 28/01/2025 15:58:18
Open House Dates
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