2-Storey Flip or Rental in Hot Mount Hope Area of Hamilton!! Assigned

  • $790,000
  • 4 beds
  • 3 baths
Located in the convenient and much sought after Mount Hope area in Hamilton, this 4 bedroom, 2.5 bathroom, brick and shingle, 2-storey is an absolute smoking deal!! Featuring close and easy access to all amenities (including the airport and major highways), 1900+ square feet of interior space, a large backyard with fire pit area, 2-car, attached garage with direct entry to the property, and 4-car parking in the driveway, this well cared for property has been owned by the same family since it was built. With only minor cosmetic updates needed, the Investor can wholetail, rent, or flip this property. No matter how you look at this investment, it has a license to print profit!! With multiple subdivisions being built around our property’s already completed community, this area will only become more and more desirable. The average detached 4 bedroom home in the Mount Hope area is $1,000,000, up 46.4% in the last year. With upgraded homes in this area selling well above the $900,000 mark, our property is a complete steal for only $790,000!! Don’t let this fabulous investment opportunity pass you by!!

We are selling our assignable purchase contract.

Closing is September 3rd, 2021

PROPERTY FEATURES
  • 2-storeys
  • 4 bedrooms (3 bedrooms, as per MPAC)
    • The master bedroom features an ensuite bathroom and a walk-in closet
  • 3 bathrooms
    • 4-piece master ensuite
    • Additional 4-piece bathroom located on the second floor
    • Powder room located on the main floor
  • Built in 2007
  • Above grade: 1932 sq ft (as per MPAC)
    • First floor: 826 sq ft
    • Second floor: 1106 sq ft
  • Unfinished basement: 826 sq ft (as per MPAC)
    • Ceiling height of 7.808 ft to joists, and 6.824 ft to duct (Buyer to verify)
  • Separate entrances:
    • Front door opens to main entrance way
    • Sliding doors in kitchen lead out to the backyard
    • Door in laundry room leads into the garage
  • Flooring is a mix of laminate, tile, carpet, and poured concrete in basement
    • Carpeting has been removed in one part of the upstairs hallway due to stain (as per Seller, see HERE)
  • All appliances are included
  • Alarm system is built-in, but not connected to a service provider (as per Seller)
  • 100 AMP breaker panel
  • HE gas furnace is owned and was installed in 2007 (as per Seller)
  • HWT is rented and was installed in 2007 (as per Seller)
    • Currently has a leak that is being repaired by Reliance this week (as per Seller)
  • Central AC was installed in 2007 (as per Seller)
  • Windows were installed with build in 2007 (as per Seller)
  • Roof was updated in 2019 (as per Seller)
    • The current roof comes with a 25 year warranty (as per Seller)
    • There was a leak in the upstairs bathroom that was repaired with the new roof (as per Seller)
  • Insulation was added to the attic in 2019 (as per Seller)
  • On municipal services
  • Backyard features a fire pit area as well as a cement patio
  • Parking for 4 vehicles on paved, private driveway
  • 2-car, attached garage, with in-house access (388 sq ft, as per MPAC)
  • Property taxes are ~$4000/year (as per Seller)
  • Lot size: 40.03 ft x 109.09 ft (as per MPAC)
  • Zoning: R4 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating
  • Option to finish the basement

 

Please click HERE for more pictures and information.

Price:
$790,000
Address:
Provident Way & Thames Way
Hamilton, ON
Lot Size:
40.03 ft x 109.09 ft
Bedrooms:
4
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
2007
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location