$999,000
Available - For Sale
Listing ID: X11919542
218-222 John Stre North , Hamilton, L8L 4P5, Hamilton
Listing image


***Under Power of Sale***opportunity to invest in 5 legal residential units plus 3 spacious garages! 218 John St N has legal non-conforming status for 2 units and 222 John St N has commercial zoning and offers legal non-conforming status for 3 units. Convenient location close to Downtown Hamilton in proximity to large-scale developments, excellent growth potential. With approximately 4700 sq. ft. for the buildings and approximately 2400 sq. ft. of garage space. This is a rare opportunity.
Price $999,000
Taxes: $20310.44
Occupancy by: Tenant
Address: 218-222 John Stre North , Hamilton, L8L 4P5, Hamilton
Acreage: < .50
Directions/Cross Streets: Barton St. E & John St. N
Rooms: 17
Bedrooms: 9
Bedrooms +: 1
Family Room: F
Basement: Unfinished, Partial Base
Washroom Type No. of Pieces Level
Washroom Type 1 3 Upper
Washroom Type 2 4 Upper
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Upper
Washroom Type 7 4 Upper
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Aluminum Siding, Brick
Garage Type: Detached
(Parking/)Drive: Available
Drive Parking Spaces: 7
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 3500-5000
Property Features: Hospital, Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Schools

5 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

3 playgrounds, 2 splash pads and 4 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.

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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $49,950 $99,900 $149,850 $199,800
First Mortgage $949,050 $899,100 $849,150 $799,200
CMHC/GE $37,962 $27,872.1 $23,776.2 $0
Total Financing $987,012 $926,972.1 $872,926.2 $799,200
Monthly P&I $4,870.73 $4,574.44 $4,307.73 $3,943.91
Expenses $0 $0 $0 $0
Total Payment $4,870.73 $4,574.44 $4,307.73 $3,943.91
Income Required $182,652.22 $171,541.49 $161,539.99 $147,896.53

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$2,464.94
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FOREST HILL REAL ESTATE INC.
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Personal Picture
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style: 2-Storey
Lot Size: x 158.50(Feet)
Approximate Age:
Tax: $20,310.44
Maintenance Fee: $0
Beds: 9+1
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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