641 Limeridge Rd E, Hamilton (Thorner), ON L8W1A2

Beds
4
Baths
2

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Listed byRE/MAX ESCARPMENT REALTY INC.
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Overview

Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals. (id:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
4
Number of bathrooms
2
Lot size (acres)
0.29

Interior features

Basement
Yes

Utilities

Heating
Forced Air, Natural Gas
Sewer
Sewer
Water
Water

Taxes

Tax Annual Amount
$4,790.84

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: X12815236 Last checked:

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