Introducing West Hamilton’s newest PREMIUM STUDENT LIVING DUPLEX OPPORTUNITY!! 40 Kingsmount St. South is perfectly situated across MCMASTER UNIVERSITY, next to all major amenities, and seconds to major transit / GO line. Properly licenced through the City of Hamilton, fully renovated from top to bottom, and situated on a one of a kind, premium lot, this property features a sizable 6 bedroom layout. The main unit features a 4 bedroom design, with second unit boasting a 2 bedroom setup with second floor private balcony. Situated on a sizable, unique, pie shaped lot backing onto the city’s popular Rail Trail, this R zoned property allows significant future development / addition potential. This zoning creates a massive opportunity for future owners to increase property value and performance. The strong rental performance of this property reflects the quality and attractiveness of the building for students and boasts $6519 monthly gross rent. Call to view today!!! (id:4069)
Address
40 KINGSMOUNT Street
List Price
$1,069,000
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Hamilton
Bedrooms
6
Bathrooms
3
Floor Area
2,446 Sq. Ft.
MLS® Number
40693120
Listing Brokerage
Michael St. Jean Realty Inc.
Basement Area
Full (Partially finished)
Postal Code
L8S3B3
Zoning
C/S-1335
Site Influences
Hospital, Park, Place of Worship, Public Transit