87 Owen PL Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8G 2H3
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
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Private Triple
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete