125 SANFORD AVENUE N, Hamilton, Ontario

$759,900

7 Beds
3 Baths

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:50212)

Listing ID: X12517690
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom 4	Second level	4.47 m x 3.3 m
Bedroom 5	Second level	3.99 m x 2.79 m
Bedroom	Second level	3.53 m x 3.05 m
Kitchen	Second level	3.05 m x 3.05 m
Family room	Third level	4.27 m x 3.66 m
Kitchen	Third 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
Bedroom 2	Main level	5.05 m x 3.15 m
Bedroom 3	Main level	4.5 m x 3.66 m

Details

Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools
Community Features: School Bus
Equipment: Water Heater
Features: Lane, In-Law Suite
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: D

Building

Amenities: Separate Electricity Meters
Appliances: Range, Water Heater - Tankless, Water Heater, Water meter, Dryer, Microwave, Alarm System, Stove, Washer, Refrigerator
BasementType: Full
Basement Features: Separate entrance
Bedrooms Main Level: 7
Cooling: Window air conditioner
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Stone
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2000 - 2500 sqft
Stories Total: 2.5
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Place of Worship, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 26 ft
Size Irregular: 26 x 94 FT

Listing provided by NEW ERA REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 125 SANFORD AVENUE N in Hamilton Ontario. It was last modified on November 6th, 2025. Contact The TanTeam to schedule a viewing or to discover other Hamilton real estate for sale.

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