28 Eastbourne Avenue Hamilton, ON L8M 2M7
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,377 sqft
Price per Sqft $357
MLS Listing ID 40762216
Bedrooms 5
Abv Grd Liv Area 3,167
Annual Tax Amount $7,040
Property Sub-Type Multi-3 Unit
Source Cornerstone
Property Description
Currently generating a strong 6.5% cap rate, this property is ideal for investors seeking turn-key income with minimal maintenance. Fully fire-code compliant with sprinkler system, fire-rated metal doors and windows, double drywall, and upgraded insulation and soundproofing. Recent upgrades include a fully rebuilt basement (waterproofed, soundproofed, insulated), updated electrical system, and a fully rebuilt second-floor deck and staircase.
Unit 2 has been beautifully redone, featuring a modern kitchen with quartz countertops, undermount sink, updated bathroom, new flooring, and fresh paint throughout. The main floor bathroom has also been completely renovated. Appliances have been replaced across the property and include 4 fridges, 4 stoves, and a stackable washer/dryer.
Exterior enhancements include professional landscaping in the front and backyards, a large rear deck, and a new front retaining wall for added curb appeal. A private single-lane driveway accommodates parking for 3 vehicles.
This is a prime asset in a growth-focused area ideal for investors, multigenerational living, or owner-occupiers.
Location
Province ON
County Hamilton
Area 22 - Hamilton Centre
Zoning c
Direction right onto Eastbourne Avenue headed eastbound on Main St E
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features None
Heating Radiant
Cooling Other
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry Common Area
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Roof Type Asphalt Shing
Lot Frontage 40.0
Lot Depth 80.0
Garage Yes
Building
Lot Description Dog Park, City Lot, Hospital, Library, Public Transit, Quiet Area
Faces right onto Eastbourne Avenue headed eastbound on Main St E
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 172030089
Ownership Freehold/None