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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.
Buy/Sell history for 4C Solidarnosc Pl, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,699,000 | N/A | For Sale | X14173168 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
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Ceramic Floor · Stainless Steel Appl · Eat-In Kitchen
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Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
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
Estimated market value
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