6 Bedroom
2 Bathroom
Window Air Conditioner
Forced Air
$675,000
An exceptional investment opportunity awaits at 65 Aikman Avenue in Hamiltons vibrant Gibson neighborhood. This legal duplex includes full architectural and mechanical drawings, approved minor variances, and transferable development charges, streamlining its conversion into a fourplex.With over $130,000 allready spent to kick start the projec and an open permit in place, investors can start renovations immediately upon closing, significantly reducing holding costs. Each unit features separate egresses, ensuring tenant safety and privacy. Parking is ample, with two front spots and two rear spots, including a detached garage off the laneway. Currently vacant, the duplex offers two spacious three-bedroom units, allowing for immediate transformation. Post-conversion, the estimated gross rental income is $5,800/month, with potential to reconfigure the layout for even greater returns. Situated in Gibson, a neighborhood known for its livability, affordability, and accessibility, residents enjoy proximity to schools, parks, transit, and local hotspots. A rare, value-add opportunity to maximize rental potential don't miss out! (id:61594)
Property Details
|
MLS® Number
|
X11908408 |
|
Property Type
|
Single Family |
|
Community Name
|
Gibson |
|
Amenities Near By
|
Public Transit, Schools |
|
Equipment Type
|
Water Heater |
|
Features
|
Lane, Carpet Free |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
6 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Dishwasher, Dryer, Range, Refrigerator, Stove, Washer |
|
Basement Development
|
Finished |
|
Basement Features
|
Walk Out |
|
Basement Type
|
N/a (finished) |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
24 Ft |
|
Size Irregular
|
24 X 100 Ft |
|
Size Total Text
|
24 X 100 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bathroom |
1.92 m |
1.93 m |
1.92 m x 1.93 m |
|
Second Level |
Kitchen |
2.54 m |
2.79 m |
2.54 m x 2.79 m |
|
Second Level |
Bedroom |
4.52 m |
2.9 m |
4.52 m x 2.9 m |
|
Third Level |
Living Room |
5.03 m |
4.47 m |
5.03 m x 4.47 m |
|
Third Level |
Laundry Room |
1.57 m |
0.84 m |
1.57 m x 0.84 m |
|
Third Level |
Bedroom |
4.47 m |
3.51 m |
4.47 m x 3.51 m |
|
Basement |
Bedroom |
4.65 m |
2.29 m |
4.65 m x 2.29 m |
|
Basement |
Bedroom |
5.44 m |
2.82 m |
5.44 m x 2.82 m |
|
Basement |
Bathroom |
2.82 m |
1.47 m |
2.82 m x 1.47 m |
|
Main Level |
Bedroom |
3.91 m |
2.84 m |
3.91 m x 2.84 m |
|
Main Level |
Kitchen |
4.55 m |
2.87 m |
4.55 m x 2.87 m |
|
Main Level |
Living Room |
2.54 m |
2.79 m |
2.54 m x 2.79 m |
https://www.realtor.ca/real-estate/27768965/65-aikman-avenue-hamilton-gibson-gibson
