$1,799,900
Available - For Sale
Listing ID: X12213667
981 Mohawk Road East , Hamilton, L8T 2R9, Hamilton
| This is a rare turnkey investment opportunity in the heart of Hamilton Mountain - a fully updated and exceptionally maintained six-unit multi-residential building offering four spacious 2-bedroom units, two spacious 1-bedroom units and parking for up to 10 vehicles. Ideally located along one of the city's most vibrant east-west corridors, the property is steps from the Mohawk Sports Complex and sits on a high-visibility transit route with extended bus service. Tenants enjoy unmatched convenience with easy access to Juravinski Hospital, Limeridge Mall, the LINC and Red Hill expressways, Albion Falls, and numerous hiking trails, making this a highly desirable rental location. Pride of ownership is evident throughout, with a long list of recent upgrades ensuring minimal maintenance and maximum efficiency. Improvements include PVC thermal windows, a updated and fully insulated roof (2011), updated kitchen and bathroom cabinetry, copper and ABS plumbing, copper wiring, fresh paint, and new flooring. A high-efficiency IBC boiler system, installed in 2025, adding to the property's operating efficiency. The building also features convenient on-site laundry and includes six sets of fridges and stoves. With excellent net operating income and strong tenant appeal, this is a stable, income-generating asset that's ready to go - Ideal for investors seeking long-term growth in a thriving Hamilton neighbourhood. |
| Price | $1,799,900 |
| Taxes: | $8529.21 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 981 Mohawk Road East , Hamilton, L8T 2R9, Hamilton |
| Directions/Cross Streets: | Grenadier Dr |
| Rooms: | 22 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Mutual |
| Drive Parking Spaces: | 10 |
| Park #1 | |
| Parking Type: | Mutual |
| Park #2 | |
| Parking Type: | Mutual |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Park, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE STATE REALTY |
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Dir:
416-901-9881
Bus:
416-901-8881
Fax:
416-901-9881
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Huntington |
| Style: | 2 1/2 Storey |
| Approximate Age: | 51-99 |
| Tax: | $8,529.21 |
| Beds: | 10 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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