Undervalued Detached Vacant SFH in Hamilton Assigned

  • $470,000
  • 3 beds
  • 2 baths

This is your opportunity to purchase your next flip, buy and hold, or BRRRR project in one of the hottest and most competitive markets in Ontario, Hamilton.  Hamilton is one of the fastest growing cities in Canada as well as one of the largest populations in Ontario with over half a million residents. This city is home to McMaster University, Mohawk College, and has several strong manufacturing and service employers in the health and science sector. Most importantly, Hamilton is less than a 1 hour drive to Downtown Toronto and has easy transit access via the GO train to Toronto. Hamilton is primed for long-term appreciation and provides an opportunity to break in a large city center in Ontario.

Take advantage of this all brick single-family home in the Gibson area of Hamilton, ready for “forced appreciation” renovations. The property has many upgrades since purchase, including 100 amp all copper electrical, newer roof, newer kitchen cabinets (granite) and counter-tops, as well as an outdoor patio in the backyard.  Foundation appears to be in good condition with no noticeable moisture in the basement. Moreover, there is a separate entrance to the basement for future in-law suite potential.

This property is only a 4 minute walk away to Cathedral high school and a 7 minute walk to Cathy Weaver Elementary school. In addition, the property is within a 10 minute walk to the busy Barton street which is filled with local restaurants and storefronts. This is a great opportunity to purchase a rental property in Hamilton. With great highway access and strong GO Train transit, Hamilton is primed for appreciation.

The suburban detached market in Hamilton is one of the hottest in Canada! Get your hands on a vacant, detached single family home property with 3 units and with great flipping, BRRRR, buy-and-hold, Airbnb, and long-term upside potential today!

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