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Last Updated : 599 Days ago
172 MARKLAND St, Hamilton, Ontario, Durand

172 MARKLAND St, Hamilton MLS Number: X10413861

Durand, Hamilton, ON, L8P 2K5

$1,800,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $10034.00 (Tax Year:2023)
  • Listing Courtesy : Re/max Garden City Realty Inc, Brokerage

172 MARKLAND St Property Description

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12'x15' accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request.

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172 MARKLAND St Property Facts

Property Type :Commercial
MLS Number :X10413861
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :07 Nov, 2024 (599 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8P 2K5
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172 MARKLAND St Property Price & Tax Insights

Price : $1,800,000
Property Taxes :$10034.00
Tax Year :2023

172 MARKLAND St, Hamilton Property Details

Cross Street :AT N/E Corner of Markland & Hess St. South

172 MARKLAND St, Hamilton - Price History

2024-11

07 Nov, 2024

TREB #X10413861

Available

$1800000.0

172 MARKLAND St - Location Map and Landmarks

  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 0.84 km
  • McMaster University Medical Centre, Hamilton 0.93 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 1.09 km
  • Hamilton General, Hamilton 2.51 km
  • Juravinski  and Cancer Centre, Hamilton 3.07 km
  • McMaster Children's, Hamilton 3.14 km
  • St. Peter's, Hamilton 3.61 km
  • Joseph Brant, Halton 9.8 km
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