Room 1
Level not provided
4C Solidarnosc Pl
Stipley, Hamilton, Ontario L8L 2V3
Description
Income Today. Development Potential Tomorrow. A compelling investment opportunity in the heart of Hamilton! This approximately 10,000 sq. ft. parcel, roughly 100 x 100 ft., offers exposure on three sides, including a laneway. The existing detached home and substantial detached garage provide current rental income reported at approximately $6,000 per month. Preliminary development concepts envision the possibility of 16 residential units, each approximately 1,200 sq. ft. with 3 bedrooms and 3 bathrooms, subject to verification of feasibility, zoning and all required municipal approvals. Generous frontage and a versatile lot configuration offer an appealing opportunity for investors, developers and long-term holders. Collect rental income while exploring the property's next chapter. Development concepts are illustrative and preparatory work on development design details is underway, subject to municipal review and all required approvals.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14173168
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,521
- Size
- 2000-2500 sqft
- Lot
- 100 × 100 Feet
- Parking
- 6 Detached, 27 Parking
Listing History
Listing activity for 4C Solidarnosc Pl, Hamilton, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,699,000 | N/A | For Sale | X14173168 |
Property Details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Stipley
- Municipality
- Hamilton
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Detail
- 2, 4pc
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Driveway
- Pvt Double
- Garage Type
- Detached
- Garage
- 6
- Add. Parking
- 21
- Total Parking
- 27
Land
- Sewer
- Sewers
- Lot Size
- 100 × 100 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (8)
Room 2
Ceramic Floor · Stainless Steel Appl · Eat-In Kitchen
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Location
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$7,789
- Down payment$339,800
- Mortgage amount$1,359,200
- Total interest$977,500
- Total cost$2,676,500
Cash flow analysis
$7,789
Total monthly payment
$8,166
Break-even down payment
100%
Cash flow-$8,166
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,699,000
$1,699,000
CAD
Estimate unavailable
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