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70 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

MLS® # X14030516
House For Sale In Corktown, Hamilton, Ontario
$589,000 QuickQuoteTM: $471K - $966K

4 Beds

2 Baths

70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
70 Wellington Street S, Hamilton, ON
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70 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1
$589,000

4 Beds

2 Baths

Property Information:

An exceptional investment and development opportunity in the heart of Hamilton's desirable Corktown neighbourhood. Situated on an impressive 44 108 ft lot, this fully rented two-unit property offers immediate rental income together with exciting long-term potential.The property features two self-contained residential units, each offering two bedrooms and one bathroom. Both units are currently rented, providing investors with income from day one. The home offers spacious interiors, updated finishes, heating and air conditioning, and two on-site parking spaces.Ideally located minutes from downtown Hamilton, major transit routes, the Hamilton GO Centre, shopping, restaurants, parks and everyday amenities. Redevelopment plans are available for prospective buyers to review. The large lot may offer opportunities for future expansion or redevelopment, subject to municipal zoning, required approvals and the buyer's own due diligence.A rare opportunity to acquire a beautiful income-producing property with a generous lot in a high-demand central location-ideal for investors, developers or buyers looking for immediate income and excellent future potential. A minimum of 24 hours' notice is required for showings. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 108 Feet
  • Lot Frontage: 44 Feet
  • Lot Size: 44 x 108 FT
  • Zoning: D5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

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Location of 70 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Demographic Information of 70 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent