641 LIMERIDGE ROAD E, Hamilton (Thorner), Ontario, L8W1A2
Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential 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. Previously rented for $2,616.25 per month, it can deliver 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. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 641 LIMERIDGE ROAD E, Hamilton (Thorner), Ontario, L8W1A2
- Community Name: Thorner
- Property Type: Single Family
- Title: Freehold
- Lot Size: 80 x 156 FT
- Acreage: 80 x 156 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Attached Garage, Garage
- Total Parking Spaces: 4
- Amenities Nearby: Hospital, Park, Public Transit
- Structure Style: House
- Style: Detached
- Storeys: 1.5
- Floor Space: 1100 - 1500 sqft
- Bedrooms: 4
- Bathrooms: 2-Total
- Basement Type: N/A (Finished), N/A, Full
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Vinyl siding
- Foundation Type: Unknown
- Appliances Included: Dryer, Stove, Washer, Refrigerator
- Community Centre
| Type | Level | Dimensions |
|---|---|---|
| Loft | Second level | 6.58 m x 3.05 m |
| Bedroom | Second level | 4.34 m x 3.05 m |
| Utility room | Basement | Measurements not available |
| Recreational, Games room | Basement | 7.37 m x 5.23 m |
| Bathroom | Basement | Measurements not available |
| Living room | Main level | 3.43 m x 4.34 m |
| Kitchen | Main level | 4.83 m x 3.45 m |
| Bathroom | Main level | Measurements not available |
| Primary Bedroom | Main level | 4.32 m x 3.05 m |
| Bedroom | Main level | 3.53 m x 3.53 m |
| Bedroom | Main level | 3.12 m x 2.74 m |
Listing Office: RE/MAX ESCARPMENT REALTY INC.
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