125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

MLS® # X12517690

Investment For Sale In Gibson, Hamilton, Ontario

$759,900

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125 Sanford Avenue N, Hamilton, ON - Outdoor With Facade

125 Sanford Avenue N, Hamilton, ON - Outdoor

125 Sanford Avenue N, Hamilton, ON - Outdoor With Exterior

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Other Room

125 Sanford Avenue N, Hamilton, ON - Indoor

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Bathroom

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Laundry Room

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Kitchen

125 Sanford Avenue N, Hamilton, ON - With Exterior

125 Sanford Avenue N, Hamilton, ON - Indoor Photo Showing Garage

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125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

$759,900

Property Information:

Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Air Conditioning: Yes
Amenities: Separate Hydro Meters
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances: Range, Water meter, Dryer, Microwave, Alarm System, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 7
Bathrooms: 3
Amenities Nearby: Hospital, Park, Public Transit, Schools
Community Features: School Bus
Features: Lane
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 94.0 Feet
Lot Frontage: 26.0 Feet
Lot Size: 26 x 94 FT
Zoning: D
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

4th Bedroom 2nd Level 4.47 m x 3.30 m
5th Bedroom 2nd Level 3.99 m x 2.79 m
Bedroom 2nd Level 3.53 m x 3.05 m
Kitchen 2nd Level 3.05 m x 3.05 m
Family 3rd Level 4.27 m x 3.66 m
Kitchen 3rd Level 4.11 m x 3.96 m
Kitchen Main Level 3.56 m x 2.97 m
Bedroom Main Level 4.06 m x 3.96 m
2nd Bedroom Main Level 5.05 m x 3.15 m
3rd Bedroom Main Level 4.50 m x 3.66 m

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Courtesy of: NEW ERA REAL ESTATE

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 125 SANFORD AVENUE N , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 125 SANFORD AVENUE N , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,497.58

Average Number of Children

1.95

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.38 %

High school certificate or equivalent

29.76 %

Apprenticeship trade certificate/diploma

5.41 %

College/non-university certificate

18.68 %

University certificate (below bachelor)

0.15 %

University Degree

12.63 %

Commuter

Travel To Work

By Car

72.33 %

By Public Transit

15.89 %

By Walking

7.17 %

By Bicycle

1.07 %

By Other Methods

3.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.8 %

Houses

67.2 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

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Sales/Price History

Market Price Trends

Location of 125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

125 SANFORD AVENUE N, Hamilton, Ontario, L8L 5Z4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing