773 Lawrence Road Hamilton, Ontario L8K 1Z7
$1,100,000
A Savvy Investor’s Dream: Turn-Key Triplex with Guaranteed Positive Cash Flow & stellar tenants already in place. Meticulously renovated dwelling offers a rare opportunity for an investor to acquire a high-performing asset with zero startup headaches. This property was completely renovated July 2022 with an unwavering commitment to quality and longevity with newer shingles and new concrete walkways. The electrical system was redone in 2022 to provide a separate meter & panel for each unit. High efficiency Trane A/C unit with 10 yr warranty was installed in July 2023, and a new York High-Efficiency furnace, both have transferable warranties. All new ductwork for unit #3. Inside, each of the three units have been exquisitely finished to attract & retain premium tenants. In each apt are new modern kitchens featuring sleek quartz countertops, and matching backsplash & five new appliances, for a total of 15 across the property. The bathrooms have all been fully renovated with modern fixtures and finishes. Solar Film professionally applied to 20 windows by SunOut Solutions for enhanced privacy and energy efficiency. Ventilation fans and air intake installed in the crawl space by Black & White Construction to prevent mold and mustiness. The property is equipped with two Wi-Fi-enabled security cameras with remote access and video storage. Each unit, including the rear door for unit one, features keypad locks for keyless convenience. An EcoBee Wi-Fi-enabled thermostat allows for remote temperature control and can be locked with a code, giving the owner full control over efficiency. Added security measures, like bars on glass door inserts and an extra window AC unit, are a commitment to tenant safety & comfort. Nestled just minutes from transit, the Redhill Expressway, and the QEW, to conservation areas, Kings Forest Golf Club and the Rosedale Tennis Club. Investment Opportunities like this are exceptionally rare & demand swift action call today to view before it's SOLD! (id:63008)
Property Details
| MLS® Number | 40758033 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Public Transit |
| CommunityFeatures | Community Centre, School Bus |
| EquipmentType | Water Heater |
| Features | Conservation/green Belt, Paved Driveway |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1935 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Metal |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3161 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 98 Ft |
| SizeFrontage | 44 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C/s-1164 |
https://www.realtor.ca/real-estate/28705580/773-lawrence-road-hamilton
Bill Papaioannou
Broker
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7
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August 08 2025 01:28:19
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.