!!ESCARPMENT DEAL!! Detached 1.5-Storey Fix ’N Flip in Hamilton!! Available

  • $670,000
  • 3 beds
  • 2 baths
  • 1185 sqft
This detached 1.5-storey is situated in the Stinson neighbourhood on a quiet, dead-end street, away from the noisier main roads but close to the bus line!! While backing onto train tracks, the future owner benefits from views of walking trails and the Niagara Escarpment wall — a glimpse of raw nature you don’t commonly experience in a major city. This century home offers tall ceilings, 3 bedrooms, a kitchen with eat-in space, and 1 parking space — which isn’t always available on these lots. Sherman Access to the Mountain is within seconds, the Escarpment stairs just a moments walk away, and other amenities like St. Jo’s Hospital, grocery stores, Canadian Tire, and Tim Hortons are all nearby. Some TLC is required here, but this 1185 square feet detached is priced competitively in a hot neighbourhood and builds in significant equity for an Investor who wants to inject capital into Southwestern Ontario’s most robust and gentrifying port city.

We are selling our assignable purchase contract.

Closing is March 29th, 2022
*As per our APS, the Buyer to assume some of the Seller’s construction materials, paint cans, and the upstairs cast iron claw tub. Their personal clutter will be removed from the premises.*

PROPERTY FEATURES
Please note: MPAC classifies this property as being only a 1-storey, but it is actually a 1.5-storey with a finished upper floor holding 1 bedroom and 1 bathroom.
  • 1.5-storeys
  • 3 bedrooms (4 bedrooms, as per MPAC)
    • 1 bedroom is located on the second floor
      • There is a bay window in the second floor bedroom, but no closet
    • 2 bedrooms are located on the main floor
  • 2 full bathrooms
    • 3-piece bathroom located on the second floor
      • The upstairs bathroom has a very low door frame and ceiling height, which may not meet today’s code (Buyer to verify). If Buyer doesn’t want to raise roof or make the necessary structural alterations, we recommend converting this bathroom into a child’s playroom or a secret office retreat — you will still have a full bathroom downstairs!
    • 4-piece bathroom located on the main floor
      • Water pressure in this sink is somewhat weak, but shower pressure is decent. Seller says it has always been that way (Buyer to verify)
  • Built in 1903
  • Above grade: 1185 sq ft (as per MPAC)
  • Unfinished basement is accessible via a trap door in the mud room addition (see HERE)
  • Crawl spaces on the second floor act as extra storage, but the Seller warns that they currently do NOT have sturdy floors — DO NOT WALK INTO THESE AREAS.
  • All appliances will be included
    • Appliances are 10-years-old+, and are due to be replaced (as per Seller)
  • Kitchen has eat-in area by the large window, looking out into the backyard
  • Rear exposure is south, which means ample natural light in the kitchen!
  • Kitchen sink area is gutted, exposing the rough-ins for easy replacement
  • High ceilings on main floor bedrooms and kitchen are at least 9 ft (Buyer to verify)
  • The dormer window space upstairs allows for an office nook in the hallway
  • Living room has a pitched ceiling with a decorative exposed beam
  • 100 AMP breaker panel
    • Copper wiring, but Seller has disclosed there is 1 partial circuit of knob and tube in the basement (Buyer to verify)
  • Gas furnace is owned and is 6-months-old (as per Seller)
  • HWT is owned (as per Seller)
  • No central AC 
  • Drain pipes were converted from cast iron to ABS (Buyer to verify)
  • Windows are 12-years-old (as per Seller)
  • Roof is 2-years-old (as per Seller)
  • House walls are a combination of drywall and lathe & plaster (as per Seller)
  • Front porch appears to be in decent condition (Buyer to verify)
  • Fully fenced in backyard is a mix of concrete patio stones and grass
  • Exterior is all vinyl siding
  • Foundation appears to be a mix of brick and stone (Buyer to verify)
  • 1-car, private parking space
    • Driveway is concrete, not asphalt (as per Seller)
  • Lot size: 27 ft x 93 ft (as per MPAC)
  • Zoning: D (as per MPAC)
  • Vacant possession! No tenants!

PROPERTY NEEDS

  • Cosmetic updating
  • Some potential remodelling in the upstairs bathroom due to low ceiling height (Buyer to verify)
  • Roof rafters show signs of aging and rot, which isn’t uncommon for an old house (Buyer to verify)
  • Add central AC (since the house comes with ductwork), if desired
  • Replace 1 cracked window

Please click HERE for more pictures and information.

Price:
$670,000
Address:
Alanson St & Erie Ave
Hamilton, ON
Square Feet:
1185
Lot Size:
27 ft x 93 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1903
Basement:
Unfinished

Call 647-370-0820 for more details

Property Location