Holton Ave North & King St E. BONUS /INCENTIVE: Approved for a $25,000 city grant for an Additional Dwelling Unit (ADU), offering an estimated 2,500 sq. ft. of total potential space for new buyers to maximize returns. Based on terms and conditions as per City of Hamilton. Attention Savvy Investors & Multi-Generational Homebuyers!Discover a rare, turnkey investment opportunity with this newly and fully renovated duplex, built with premium workmanship . All permits closed, this property sits completely vacant and is ready to generate premium market rents from day one.Property Highlights:Turnkey Rental Income: High rental potential of up to estimated $5,500/ per month ( estimated upwards of $66,000+/year).Separate Units: Features separate entrances, separate laundries, and independent living spaces.Generous Layout: Total of 5+1 bedrooms and 5 bathrooms featuring luxury standing showers. Includes 2 primary bedrooms with private ensuites (located on the main and third floors).Premium Luxury Finishes: Brand-new flooring, custom kitchens with quartz countertops, high-end appliances, custom glass railings, large windows with new zebra blinds, and fully restored exterior brickwork. Never lived in post-renovation! Upgraded Infrastructure & SafetyUtilities: 2 separate electrical meters and panels. Brand-new Grade-A PEX plumbing and completely new structural framing.Safety & Compliance: Built to strict permit standards with 5/8" drywall throughout and new fire-rated doors. New doors, trim work, moldings. Security: 24/7 hardwired internal/external HD security camera system (lobby and exterior) and built-in alarm system.Parking: Dedicated driveway parking for 2 vehicles back to back ( tandem) New Paint Glass railings in lobby area, main level unit and upper level unit. Custom high end finishes. New bathrooms Separate stake able laundry in upper level and main level unit. (id:27476)
