641 Limeridge Road E,Hamilton, ON L8W 1A2
Hamilton, ON L8W 1A2
Description
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, with 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.
Details
| MLS # | 40857260 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 45 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Tobias Richard Smulders |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,462 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Units | 1 |
| Zoning | C |
| Acreage | 0.29 |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Other |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Irregular Lot, Highway Access, Hospital, Park, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Shingle |
Parking
| Garage Spaces | 1 |
|---|---|
| Parking Features | Attached Garage |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | Yes |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4790.84 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8W 1A2 |
| Area | 18 Hamilton Mountain |
| Subarea | 182 Thorner |
| Community Name | 182 Thorner |
| Listing VS Median (in 182 Thorner) | |
Price: $749,900 low | high Med: $699,900 sqft: 1,462 low | high Med: 1,040 $ / sqft: $513 low | high Med: $673 On site: 45 low | high Med: 91.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8W 1A2 |
| Area | 18 Hamilton Mountain |
| Subarea | 182 Thorner |
| Community Name | 182 Thorner |
| Listing VS Median (in 182 Thorner) | |
Price: $749,900 low | high Med: $699,900 sqft: 1,462 low | high Med: 1,040 $ / sqft: $513 low | high Med: $673 On site: 45 low | high Med: 91.5 | |
