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44 CRAIGROYSTON Road, Hamilton, Ontario

$639,000

5 bed · 2 bath · 1,092 sq ft

MLS® 40876650

INCREDIBLE EAST HAMILTON INVESTMENT OPPORTUNIT. Highly desirable location close to everyday amenities, schools, shopping, restaurants, bistros, parks, city transit & quick access to Linc, Red Hill & QEW. Situated on a mature 40’ x 92’ lot, this impressive brick bungalow offers 1,092sf of extensively renovated in 2021 - living space on each level providing exceptional flexibility for Investors, Multi-Generational living or an Owner-Occupier seeking income potential - minimal cost to convert back to original single family design. Oversized paved driveway extends past home to recently sided detached 343sf garage offering 3 large separate locker bays adding valuable storage/workshop space. Includes 3 bedroom main floor unit & 2 bedroom lower level unit highlighted with 2 new custom kitchens sporting quartz countertops & 2 full sets of stainless steel kitchen appliances (includes BI dishwashers & OTR microwaves), 2 modern 4pc baths, 2 large & bright living/dining areas, common laundry area w/coin operated washer/dryer plus patio door main floor walk-out to private rear deck & yard. Professionally updates completed in 2021 include roof shingles, quality windows, exterior doors, spray foam insulation thru-out, 200 amp hydro service, wiring/plumbing, drywall, interior doors, low maintenance flooring, light/bath/kitchen fixtures, n/g furnace, central air & on-demand n/g tankless water heater. Excellent income potential with a current gross rental revenue of $4,500 per month - aprox. $44,000 NET per year. A rare combination hi density location, substantial updates, generous living space and proven income—an outstanding opportunity to become the proud owner of this multi-purpose property. (id:56426)

Peter Hogeterp

Listed by RE/MAX Escarpment Realty Inc.

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.