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:51158)
MLS# X11908408 – FOR SALE : 65 Aikman Avenue Gibson Hamilton (gibson) – 6 Beds, 2 Baths Duplex ** An exceptional opportunity for investors in the heart of Hamilton. This legal duplex has full permits, and plans to convert it into a fourplex. E zoning and minor variances have all been completed, allowing you to maximize this home’s rental potential. Separate egress from the basement unit, main floor unit, and upper unit is already in place. Saving time and allowing an investor to focus on the interior renovations. Currently, the duplex is set up as two charming three-bedroom units that are vacant, allowing you to get started on reno’s day one. Don’t miss out on this unique value-add opportunity. (id:51158) ** 65 Aikman Avenue Gibson Hamilton (gibson) **
| MLS® Number | X11908408 |
| Property Type | Multi-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 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Hood Fan, Two Stoves, Washer, Two Refrigerators |
| 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 |
| Detached Garage |
| 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 |
| 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
Contact us for more information
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®)
Toronto, Mississauga, Georgetown, Milton, Acton, Guelph & Rockwood
Tony Sousa | 416-477-2620 | tony@sousasells.ca
I’m on a Mission to raise $10,000 for the Canadian Cancer Society. Losing my mom to Breast Cancer, I’ve made it my mission to help where I can. I do this by donating a portion of my income from home sales to the Canadian Cancer Society in honour of our buyer or seller and friend or family member who referred them. Who do you know that is considering buying or selling a home that you could refer? You can rest assure that not only will they get the award-winning service, but that a portion of the income we receive from the transaction will go toward a very worthy cause.
It’s easy to refer your friends, neighbours, associates or family members considering making a move. Simply call me at 416-477-2620
Be the First to Access to Reduced, Bank Owned, Must Sell, Bank foreclosures, Estate Sales, probate, coming soon and Off-Market Homes For Sales.
