See all 12 photos
$899,990
Est. payment /mo
5 Beds
2 Baths
New
103 Briarwood CRES Hamilton, ON L9C 4C3
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Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Buchanan
MLS Listing ID X12336824
Style Bungalow
Bedrooms 5
Annual Tax Amount $5,238
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. Its just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!
Location
Province ON
County Hamilton
Community Buchanan
Area Hamilton
Rooms
Family Room No
Basement Finished, Full
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Carpet Free, Water Heater
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.1
Lot Depth 110.29
Total Parking Spaces 5
Building
Foundation Concrete Block
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