Custom-Built Legal Triplex Property with Oversized Garage & Exceptional Versatility! Welcome to 87 Owen Place a rare opportunity to own a beautifully designed custom triplex in a prime east Hamilton location, perfect for multi-generational living or savvy investors looking for a total turn-key property w/ strong rental income. This unique property features three spacious, self-contained units, each thoughtfully laid out with quality finishes and modern touches. The middle and lower units offer expansive living spaces ideal for larger families, while the upper unit serves as a perfect option for extended family, guests, or rental income. Each unit includes its own laundry, updated kitchens and bathrooms, and generous natural light throughout.But thats not all this property also boasts a massive detached second garage, perfect for hobbyists, tradespeople, or anyone needing ample storage, workshop space, or future development potential. Situated on a quiet street with mature trees and just minutes from Red Hill Valley Parkway, parks, schools, and shopping this property offers unmatched flexibility, space, and value.The extra Greenbrook lot and Garage building is one of the strongest features of the property as it has potential for future development be it subdivided or just renovated into a 1500 sq. ft. home on the same property. It has its own double wide driveway, is insulated, has a gas forced air furnace, electricity, and an attic fan for cooling. Currently, it is rented for $1,820 per month for storage, providing an excellent return on investment for a bonus building. Current NOI: $113,601.04 |
Price | $1,699,900 |
Taxes: | $12036.98 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 87 Owen Plac , Hamilton, L8G 2H3, Hamilton |
Directions/Cross Streets: | King st/Owen place |
Rooms: | 12 |
Bedrooms: | 7 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Separate Ent, Finished wit |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 21.91 | 23.32 | |
Room 2 | Main | Kitchen | 12.17 | 17.91 | |
Room 3 | Main | Bedroom 2 | 12.07 | 14.07 | |
Room 4 | Main | Primary B | 18.34 | 14.07 | Walk-In Closet(s) |
Room 5 | Main | Bedroom 3 | 11.74 | 17.58 | |
Room 6 | Main | Bathroom | 9.15 | 4.92 | 4 Pc Ensuite |
Room 7 | Main | Bathroom | 6 | 10.76 | 4 Pc Bath |
Room 8 | Second | Kitchen | 10.76 | 9.41 | |
Room 9 | Second | Living Ro | 22.01 | 18.01 | |
Room 10 | Second | Bathroom | 4.92 | 9.09 | 4 Pc Bath |
Room 11 | Second | Primary B | 13.15 | 12.07 | |
Room 12 | Lower | Kitchen | 16.17 | 8.33 | |
Room 13 | Lower | Bedroom 2 | 9.74 | 12.33 | |
Room 14 | Lower | Primary B | 16.4 | 13.32 | |
Room 15 | Lower | Bathroom | 10.4 | 7.51 | 4 Pc Ensuite |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Lower |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 0-5 |
Property Type: | Triplex |
Style: | 1 1/2 Storey |
Exterior: | Brick, Vinyl Siding |
Garage Type: | Attached |
(Parking/)Drive: | Private Tr |
Drive Parking Spaces: | 6 |
Park #1 | |
Parking Type: | Private Tr |
Park #2 | |
Parking Type: | Private Tr |
Pool: | None |
Other Structures: | Storage, Other |
Approximatly Age: | 0-5 |
Approximatly Square Footage: | 3500-5000 |
Property Features: | Park, Public Transit |
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: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ESCARPMENT REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Greenford |
Style: | 1 1/2 Storey |
Approximate Age: | 0-5 |
Tax: | $12,036.98 |
Beds: | 7 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |