Description
Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don’t come around often. RSA
Address
Open on Google Maps- Address 154-156 Freelton Road
- City Hamilton
- State/county ON
- Zip/Postal Code L8B 0Z5
- Country CA
Details
Updated on July 11, 2025 at 6:21 pm- Property ID: X12263234
- Price: $1,550,000
- Bedrooms: 13
- Bathrooms: 11
- Garage Size: x x
- Property Type: Multiplex, Residential
- Property Status: For Sale, Active
Additional details
- Roof: Asphalt Shingle
- Sewer: Septic
- Cooling: Central Air
- County: Hamilton
- Property Type: Residential
- Pool: None
- Parking: Reserved/Assigned
- Architectural Style: 2-Storey
Features
Overview
- Multiplex, Residential
- 13
- 11
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- Monthly HOA Fees
