Discover a rare investment opportunity in a prime Hamilton Mountain location—complete with drawings for three future triplexes. This property combines immediate rental income with exceptional development potential, offering 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. Currently rented for $2,616.25 per month, it delivers 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. (id:19593)
| MLS® Number | 40782114 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Schools, Shopping |
| Parking Space Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,462 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Attached Garage |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 156 Ft |
| Size Frontage | 80 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1 |
https://www.realtor.ca/real-estate/29035778/641-limeridge-road-e-hamilton
(905) 545-1188
(905) 664-2300
www.remaxescarpment.com/
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