Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals. (id:61445)
| MLS® Number | X12815236 |
| Property Type | Single Family |
| Community Name | Thorner |
| AmenitiesNearBy | Hospital, Park, Public Transit |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished), N/a, Full |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Hospital, Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 156 Ft |
| SizeFrontage | 80 Ft |
| SizeIrregular | 80 X 156 Ft |
| SizeTotalText | 80 X 156 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Loft | 6.58 m | 3.05 m | 6.58 m x 3.05 m |
| Second Level | Bedroom | 4.34 m | 3.05 m | 4.34 m x 3.05 m |
| Basement | Utility Room | Measurements not available | ||
| Basement | Recreational, Games Room | 7.37 m | 5.23 m | 7.37 m x 5.23 m |
| Basement | Bathroom | Measurements not available | ||
| Main Level | Living Room | 3.43 m | 4.34 m | 3.43 m x 4.34 m |
| Main Level | Kitchen | 4.83 m | 3.45 m | 4.83 m x 3.45 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 4.32 m | 3.05 m | 4.32 m x 3.05 m |
| Main Level | Bedroom | 3.53 m | 3.53 m | 3.53 m x 3.53 m |
| Main Level | Bedroom | 3.12 m | 2.74 m | 3.12 m x 2.74 m |
https://www.realtor.ca/real-estate/29393285/641-limeridge-road-e-hamilton-thorner-thorner
Contact us for more information
Tobias Richard Smulders
Broker