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65 AIKMAN AVENUE, Hamilton, Ontario

$675,000

6 Beds
2 Baths

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:23309)

Listing ID: X11908408
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bathroom	Second level	1.92 m x 1.93 m
Kitchen	Second level	2.54 m x 2.79 m
Bedroom	Second level	4.52 m x 2.9 m
Living room	Third level	5.03 m x 4.47 m
Laundry room	Third level	1.57 m x 0.84 m
Bedroom	Third level	4.47 m x 3.51 m
Bedroom	Basement	4.65 m x 2.29 m
Bedroom	Basement	5.44 m x 2.82 m
Bathroom	Basement	2.82 m x 1.47 m
Bedroom	Main level	3.91 m x 2.84 m
Kitchen	Main level	4.55 m x 2.87 m
Living room	Main level	2.54 m x 2.79 m

Details

Amenities Nearby: Public Transit, Schools
Equipment: Water Heater
Features: Lane, Carpet Free
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale

Building

Amenities: Separate Electricity Meters
Appliances: Dishwasher, Dryer, Range, Refrigerator, Two stoves, Washer
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Walk out
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Cooling: Window air conditioner
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Stone
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 2.5
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 24 ft
Size Irregular: 24 x 100 FT

Listing provided by ROYAL LEPAGE SIGNATURE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 65 AIKMAN AVENUE in Hamilton Ontario. It was last modified on January 6th, 2025. Contact Tom Linkletter to schedule a viewing or to discover other Hamilton homes for sale.

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