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$1,699,900

Est. payment - /mo

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7 Beds

5 Baths

Active

87 Owen PL Hamilton, ON L8G 2H3

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Stephan Gauthier

stephan@gauthierhomes.com +1(613) 697-7771

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Greenford

MLS Listing ID X12258106

Style 1 1/2 Storey

Bedrooms 7

Building Age 0-5

Annual Tax Amount $12,036

Tax Year 2025

Property Sub-Type Triplex

Property Description

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

Location

Province ON

County Hamilton

Community Greenford

Area Hamilton

Zoning c

Rooms

Family Room Yes

Basement Separate Entrance, Finished with Walk-Out

Kitchen 3

Interior

Interior Features Water Heater Owned

Cooling Central Air

Inclusions Fridge x 3, stove x 3, dishwasher x 3, washer/dryer x 3, All light fixtures and window coverings

Exterior

Parking Features Private Triple

Garage Spaces 6.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 72.65

Lot Depth 112.16

Total Parking Spaces 12

Building

Foundation Poured Concrete

Others

Senior Community Yes

Security Features Smoke Detector

Listed by RE/MAX ESCARPMENT REALTY INC.

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Stephan Gauthier

Team Lead / Broker

+1(613) 697-7771