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87 Owen Place Hamilton, Ontario L8G 2H3

7 Bedroom 5 Bathroom 5370 sqft
Central Air Conditioning Forced Air

$1,699,900

Custom-Built Legal Triplex Property with Oversized Garage & Exceptional Versatility! Welcome to 87 Owen Place — a rare opportunity to own a beautifully designed custom triplex in a prime east Hamilton location, perfect for multi-generational living or savvy investors looking for a total turn-key property w/ strong rental income. This unique property features three spacious, self-contained units, each thoughtfully laid out with quality finishes and modern touches. The middle and lower units offer expansive living spaces ideal for larger families, while the upper unit serves as a perfect option for extended family, guests, or rental income. Each unit includes its own laundry, updated kitchens and bathrooms, and generous natural light throughout. But that’s not all — this property also boasts a massive detached second garage, perfect for hobbyists, tradespeople, or anyone needing ample storage, workshop space, or future development potential. Situated on a quiet street with mature trees and just minutes from Red Hill Valley Parkway, parks, schools, and shopping — this property offers unmatched flexibility, space, and value. The extra Greenbrook lot and Garage building is one of the strongest features of the property as it has potential for future development — be it subdivided or just renovated into a 1500 sq. ft. home on the same property. It has its own double wide driveway, is insulated, has a gas forced air furnace, electricity, and an attic fan for cooling. Currently, it is rented for $1,820 per month for storage, providing an excellent return on investment for a bonus building. Current NOI: $113,601.04 (id:63008)

Property Details

MLS® Number 40747282
Property Type Single Family
AmenitiesNearBy Park, Public Transit, Schools, Shopping
CommunityFeatures Quiet Area
EquipmentType None
ParkingSpaceTotal 12
RentalEquipmentType None

Building

BathroomTotal 5
BedroomsAboveGround 4
BedroomsBelowGround 3
BedroomsTotal 7
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Hood Fan, Window Coverings
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 2021
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
HeatingType Forced Air
StoriesTotal 2
SizeInterior 5370 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 112 Ft
SizeFrontage 73 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C

Rooms

Level Type Dimensions
Second Level Primary Bedroom 13'2'' x 12'1''
Second Level 4pc Bathroom 4'11'' x 9'1''
Second Level Living Room 22'0'' x 18'0''
Second Level Kitchen 10'9'' x 9'5''
Lower Level Laundry Room 7'8'' x 8'8''
Lower Level Living Room 14'11'' x 18'4''
Lower Level Bedroom 14'2'' x 11'9''
Lower Level 4pc Bathroom 6'10'' x 8'8''
Lower Level 4pc Bathroom 10'5'' x 7'6''
Lower Level Primary Bedroom 16'5'' x 13'4''
Lower Level Bedroom 9'9'' x 12'4''
Lower Level Kitchen/dining Room 16'2'' x 8'4''
Main Level Laundry Room 7'6'' x 15'2''
Main Level 4pc Bathroom 6'0'' x 10'9''
Main Level 4pc Bathroom 9'2'' x 4'11''
Main Level Bedroom 11'9'' x 17'7''
Main Level Primary Bedroom 18'4'' x 14'1''
Main Level Bedroom 12'1'' x 14'1''
Main Level Kitchen 12'2'' x 17'11''
Main Level Living Room 21'11'' x 23'4''

https://www.realtor.ca/real-estate/28548988/87-owen-place-hamilton

Michael Jakobczak
Salesperson


RE/MAX Escarpment Realty Inc.
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7

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