87 Owen Place Hamilton, Ontario L8G 2H3
$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 | 40747318 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Public Transit, Schools, Shopping |
| CommunityFeatures | Quiet Area |
| ParkingSpaceTotal | 12 |
Building
| BathroomTotal | 5 |
| BedroomsTotal | 7 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2021 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 5370 Sqft |
| Type | Triplex |
| 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 |
https://www.realtor.ca/real-estate/28549045/87-owen-place-hamilton
Michael Jakobczak
Salesperson
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 09 2025 08:59:11
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.