773 Lawrence Road, Hamilton (rosedale), Ontario

$1,100,000

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6

Beds

3

Baths

About 773 Lawrence Road

A Savvy Investors Dream: Turn-Key Triplex with Guaranteed Positive Cash Flow & stellar tenants already in place. Meticulously renovated dwelling offers a rare opportunity for an investor to acquire a high-performing asset with zero startup headaches. This property was completely renovated July 2022 with an unwavering commitment to quality and longevity with newer shingles and new concrete walkways. The electrical system was redone in 2022 to provide a separate meter & panel for each unit. High efficiency Trane A/C unit with 10 yr warranty was installed in July 2023, and a new York High-Efficiency furnace, both have transferable warranties. All new ductwork for unit #3.Inside, each of the three units have been exquisitely finished to attract & retain premium tenants. In each apt are new modern kitchens featuring sleek quartz countertops, and matching backsplash & five new appliances, for a total of 15 across the property. The bathrooms have all been fully renovated with modern fixtures and finishes. Solar Film professionally applied to 20 windows by SunOut Solutions for enhanced privacy and energy efficiency. Ventilation fans and air intake installed in the crawl space by Black & White Construction to prevent mold and mustiness. The property is equipped with two Wi-Fi-enabled security cameras with remote access and video storage. Each unit, including the rear door for unit one, features keypad locks for keyless convenience. An EcoBee Wi-Fi-enabled thermostat allows for remote temperature control and can be locked with a code, giving the owner full control over efficiency. Added security measures, like bars on glass door inserts and an extra window AC unit, are a commitment to tenant safety& comfort. Nestled just minutes from transit, the Redhill Expressway, and the QEW, to conservation areas, King Forest Golf Club and the Rosedale Tennis Club. Investment Opportunities like this are exceptionally rare & demand swift action. (id:36535)

Features of 773 Lawrence Road

Listing # X12331842
Price $1,100,000
Bedrooms 6
Bathrooms 3.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 773 Lawrence Road
Subdivision Rosedale
City Hamilton (rosedale)
Province Ontario
Postal Code L8K1Z7

Amenities

Amenities Golf Nearby, Park, Place of Worship, Public Transit, Separate Electricity Meters
Utilities Cable, Electricity, Sewer
Features Flat site, Conservation/green belt, Level
Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Separate entrance
Basement Type N/A (Finished)
Basement Development Finished

Exterior

Exterior Steel
Lot Description 44 x 98 FT ; None|under 1/2 acre
Foundation Block

Listing Details

OfficeCourtesy Of BILL VASILIS PAPAIOANNOU Of RE/MAX ESCARPMENT REALTY INC.

Listing Map