74 Cathcart Street, Hamilton

SOLD

1/16/20242 min read

74 Cathcart Street

HAMILTON

Property Overview

PRICE

$799,000

SIZE

1,859 AG + 746 BG

BEDROOMS

3

BATHROOMS

4

OTHER

Triplex, 3 Units

Taxes 2023: $2,978.55

Tenants Each Pay: 33.3% of Utlities

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Each of the three units features in-suite laundry for added convenience, while the interiors are bright and spacious, providing a comfortable living experience. This strategically located property is in close proximity to shopping centers, major highways, Lake Ontario, and scenic parks, ensuring easy access to a range of amenities and recreational options. Whether you’re an investor seeking a promising addition to your portfolio or looking for a multi-unit property for extended family living, this triplex is an ideal choice. Don’t miss the chance to own a completely modernized property in a prime location that offers both comfort and convenience.

Rent Structure

Unit 1: $1,347.44/month

Unit 2: $1,699/month

Unit 3: 1,588.84/month

Total Rental Income: $4,635.28/month

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Neighbourhood Overview

Welcome to Central Hamilton, a dynamic and eclectic neighborhood that serves as the beating heart of the city. Nestled in the heart of the Greater Toronto and Hamilton Area (GTHA), Central Hamilton offers a unique blend of historical charm, cultural vibrancy, and modern amenities. Central Hamilton is home to beautiful parks and outdoor spaces. Visit Gage Park, a central green oasis featuring a rose garden, fountain, and playgrounds.

The Royal Botanical Gardens, located nearby, offer a serene escape into nature. Residents and visitors alike can enjoy hiking, cycling, and other recreational activities along the Hamilton Waterfront Trail. Central Hamilton benefits from excellent transportation links, including local buses and the Hamilton GO Centre for regional and commuter rail services. The city's bike-friendly infrastructure and walkable streets make it easy to explore the neighborhood on foot or by cycling.