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Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. RSA
8X STOVE, 8x FRIDGE, WASHER, DRYER
City: Hamilton
Neighborhood: Freelton
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Oct 19, 2023 | 439 | $1,599,999 | N/A | Expired | X7241862 |
Purchase Price | $1550000 |
Down Payment | $310000 |
Mortgage Insurance | $0 |
Total Mortgage | $1240000 |
Mortgage Payment | $7641 |
Property Taxes | $424 |
Maintenance Fees | $0 |
Monthly Payment | $8065 |
Sold Comparables homes near 154-156 Freelton Rd, Hamilton
Located at 154-156 Freelton Rd , this Hamilton house is available for sale. This property was listed for $1,550,000 on Thu Jul 31 2025. This house's size is 5000 + Sqft. It has 13 bedrooms and 11 bathrooms. The property includes the following rooms: Kitchen, Living, Br, Primary, Bathroom, Kitchen, Br, Primary, Bathroom. This property comes with 9 parking spots. 154-156 Freelton Rd, Hamilton is situated in the Freelton neighbourhood.
MLS#: X12263234 · $1,550,000 · 13 bedroom house in Freelton, Hamilton