110 Gray Road, Hamilton, ON L8G 3V1
- $1,100,000
- 7
- BD
- 3
- BA
- 3,000
- SqFt
- List Price
- $1,100,000
- Price Change
- ▼ $90,000 1784924481
- MLS#
- X13470126
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 7
- Bathrooms
- 3
- Living Area
- 3000-3500
- Province
- ON
- Municipality
- Hamilton
- Area
- Hamilton
- Neighborhood
- Stoney Creek
- Subdivision
- Hwy 8 / Gray Rd
Property Description
This exceptional duplex property offers a unique combination of immediate rental income and outstanding future development potential. Situated on an expansive oversized lot measuring approximately 87 ft x 150 ft, this property is truly a "diamond in the rough" for investors, builders, and families alike. Currently tenanted, the property generates strong cash flow, with opportunities to further enhance its income potential through strategic improvements. This multi family home with tremendous potential, requiring some TLC and creative remodeling ideas to unlock its full value. Prime Location: Ideally located in the heart of Stoney creek, a major intersection and surrounded by thriving commercial plazas, places of worship, schools, and essential community amenities. Development Potential: Positioned in a high-traffic, high-visibility area, this property presents numerous possibilities for future redevelopment or expansion, subject to applicable approvals. A must-see property with endless potential, waiting for your vision and creativity. Don't miss this rare opportunity to secure a valuable asset in one of Stoney Creek's most desirable and growing locations.
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Additional Information
- Taxes
- $6,326
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 2
- Exterior
- Aluminum Siding, Stone
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private
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Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY.