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Stipley, Hamilton, Ontario L8L 2V3
Income Today. Development Potential Tomorrow. A compelling investment opportunity in the heart of Hamilton! This approximately 10,000 sq. ft. parcel, roughly 100 x 100 ft., offers exposure on three sides, including a laneway. The existing detached home and substantial detached garage provide current rental income reported at approximately $6,000 per month. Preliminary development concepts envision the possibility of 16 residential units, each approximately 1,200 sq. ft. with 3 bedrooms and 3 bathrooms, subject to verification of feasibility, zoning and all required municipal approvals. Generous frontage and a versatile lot configuration offer an appealing opportunity for investors, developers and long-term holders. Collect rental income while exploring the property's next chapter. Development concepts are illustrative and preparatory work on development design details is underway, subject to municipal review and all required approvals.
Listing activity for 4C Solidarnosc Pl, Hamilton, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,699,000 | N/A | For Sale | X14173168 |
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Ceramic Floor · Stainless Steel Appl · Eat-In Kitchen
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data · Provincial and municipal trail maps
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Monthly Payment
$7,789
Total monthly payment
$8,166
Break-even down payment
100%
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$1,699,000
$1,699,000
CAD
Estimate unavailable
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