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Royal LePage
Royal LePage
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$799,900

70 BELVIEW Avenue, Hamilton, Ontario, L8L 7K8

MLS® # 40834017

5+1 Beds

4  Baths

2114  FEETSQ

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Hamilton ON, L8L 7K8

MLS® # 40834017

Property Information:

Turnkey 4-unit property in a prime pocket of Hamilton providing an exceptional opportunity for investors seeking strong cashflow and a low maintenance property. 70 Belview Ave provides a well-balanced unit mix of 2 spacious 1-bedroom apartments and 2 generously sized 2-bedroom units, all thoughtfully designed and modernized within the last five years to attract and retain quality tenants. This solid asset has been extensively improved with major capital upgrades including new electrical and plumbing (2016), providing peace of mind and reduced maintenance for years to come. Two hydro meters, allow for efficient expense management and increased net income, while a detached garage adding additional value and potential for extra rental income or tenant convenience. This property generates substantial positive monthly cash flow as it’s currently operating, cash in your pocket every month! Located in a highly accessible and amenity-rich neighbourhood, residents enjoy close proximity to shopping, dining, schools, parks, and public transit. Quick access to major routes and downtown Hamilton makes commuting a breeze, while nearby green spaces and local attractions enhance tenant appeal and lifestyle. A rare, low-maintenance investment opportunity in a growing market, add this strong performer to your portfolio with confidence. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2114 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 4
  • Access Type: Road access
  • Amenities Nearby: Park, Public Transit
  • Features:
  • Floor Space (approx): 2114 Square Feet
  • Lot Depth: 96 Feet
  • Lot Frontage: 30 Feet
  • Zoning: D
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage, None
  • No. of Parking Spaces: 1

Rooms:

  • Bedroom 2nd Level 13'11'' x 9'10''
  • Bathroom 2nd Level 5'0'' x 7'8''
  • Kitchen 2nd Level 8'2'' x 9'0''
  • Living 2nd Level 13'11'' x 9'11''
  • Bedroom 2nd Level 13'11'' x 12'7''
  • Office 2nd Level 10'10'' x 7'8''
  • Living 3rd Level 11'11'' x 13'6''
  • Bathroom 3rd Level 6'11'' x 4'10''
  • Bedroom 3rd Level 11'4'' x 10'6''
  • Kitchen 3rd Level 11'3'' x 9'5''
  • Bedroom Basement Level 6'8'' x 9'9''
  • Bathroom Basement Level 8'2'' x 3'8''
  • Living Basement Level 9'8'' x 14'6''
  • Kitchen Basement Level 10'0'' x 7'7''
  • Bedroom Main Level 13'6'' x 9'10''
  • Bathroom Main Level 5'0'' x 7'8''
  • Kitchen Main Level 8'7'' x 9'0''
  • Bedroom Main Level 15'5'' x 10'1''
  • Living Main Level 15'1'' x 12'6''
  • Foyer Main Level 7'1'' x 4'10''

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Location of 70 BELVIEW Avenue, Hamilton, Ontario, L8L 7K8

Demographic Information of 70 BELVIEW Avenue, Hamilton, Ontario, L8L 7K8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,038.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.41 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

6.33 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

0.2 %

University Degree

15.36 %

Commuter

Travel To Work

By Car

78.28 %

By Public Transit

12.98 %

By Walking

5.54 %

By Bicycle

0.92 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.62 %

Houses

82.38 %

Own Vs. Rent

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