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Key Facts
Key facts for 171 Stone Church Road E
Property Type
House, 2-Storey
Parking
Attached 3 garage, 6 parking
MLS #
X12020886
Size
-
Basement
Separate Entrance,Finished
Listed on
2025-03-14
Lot size
60 x 123.8
Tax
$3,302 /yr
Days on Market
200
Approximate Age
-
Maintenance Fee
-
Description
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms..., 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 19th room!
