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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 799,900

Est. payment -/mo

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Active

641 Limeridge RD Hamilton, ON L8W 1A2

4 Beds

2 Baths

1,462 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,462 sqft

Price per Sqft $547

MLS Listing ID 40807060

Bedrooms 4

Abv Grd Liv Area 1,462

Annual Tax Amount $4,790

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. Concept proposed: Buyer to develop three triplex buildings totaling 9 residential units. Development has not yet been approved. Buyer to complete all required applications and obtain necessary approvals.

Location

Province ON

County Hamilton

Area 18 - Hamilton Mountain

Zoning R1

Direction Between Limeridge & Upper Sherman

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry Other

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Roof Type Shingle

Lot Frontage 80.0

Lot Depth 156.0

Garage Yes

Building

Lot Description Irregular Lot, Highway Access, Hospital, Park, Schools, Shopping Nearby

Faces Between Limeridge & Upper Sherman

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 169780512

Ownership Freehold/None

Listed by RE/MAX Escarpment Realty Inc.

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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