103 Briarwood Cres, Hamilton, L9C 4C3

Home Overview

Description

Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. It's just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!

1 day

On Market

Detached

Property Type

$5,238 / Year

Est. Taxes

Bungalow

Style

Attached

Garage

Finished

Basement