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507 WILSON STREET, Hamilton, Ontario, L8L 1T4

MLS® # X12021210
Investment For Sale In Gibson, Hamilton, Ontario
$895,000
507 Wilson Street, Hamilton, ON - Outdoor
507 Wilson Street, Hamilton, ON  - Outdoor
507 Wilson Street, Hamilton, ON  - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen
507 Wilson Street, Hamilton, ON  - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink With Upgraded Kitchen
507 Wilson Street, Hamilton, ON  - Indoor Photo Showing Kitchen
507 Wilson Street, Hamilton, ON - Indoor Photo Showing Other Room

Home Insurance - TD Insurance

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507 WILSON STREET, Hamilton, Ontario, L8L 1T4
$895,000

Property Information:

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. Suite Mix: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience! Rent roll as such; Unit 1: $1,973/month + Hydro, Unit 2: $1,896/month + Hydro, Unit 3: $1,585/month (All-Inclusive), Unit 4: $1,430/month (All-Inclusive) A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Appliances: All, Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Features: Lane
  • Irregular: Yes
  • Lot Size: 33.25 x 105 Acre
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 507 WILSON STREET, Hamilton, Ontario, L8L 1T4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 507 WILSON STREET , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 507 WILSON STREET , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 507 WILSON STREET, Hamilton, Ontario, L8L 1T4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,497.58

Average Number of Children

1.95

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.38 %

High school certificate or equivalent

29.76 %

Apprenticeship trade certificate/diploma

5.41 %

College/non-university certificate

18.68 %

University certificate (below bachelor)

0.15 %

University Degree

12.63 %

Commuter

Travel To Work

By Car

72.33 %

By Public Transit

15.89 %

By Walking

7.17 %

By Bicycle

1.07 %

By Other Methods

3.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.8 %

Houses

67.2 %

Own Vs. Rent