• Mobile: 416-459-5555
  • Office: 905-731-2000
  • Fax: 905-886-7556

$1,699,900
Available - For Sale
Listing ID: X12258106
87 Owen Plac , Hamilton, L8G 2H3, Hamilton


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
Price $1,699,900
Taxes: $12036.98
Assessment Year: 2025
Occupancy: Tenant
Address: 87 Owen Plac , Hamilton, L8G 2H3, Hamilton
Directions/Cross Streets: King st/Owen place
Rooms: 12
Bedrooms: 7
Bedrooms +: 0
Family Room: T
Basement: Separate Ent, Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 21.91 23.32
Room 2 Main Kitchen 12.17 17.91
Room 3 Main Bedroom 2 12.07 14.07
Room 4 Main Primary B 18.34 14.07 Walk-In Closet(s)
Room 5 Main Bedroom 3 11.74 17.58
Room 6 Main Bathroom 9.15 4.92 4 Pc Ensuite
Room 7 Main Bathroom 6 10.76 4 Pc Bath
Room 8 Second Kitchen 10.76 9.41
Room 9 Second Living Ro 22.01 18.01
Room 10 Second Bathroom 4.92 9.09 4 Pc Bath
Room 11 Second Primary B 13.15 12.07
Room 12 Lower Kitchen 16.17 8.33
Room 13 Lower Bedroom 2 9.74 12.33
Room 14 Lower Primary B 16.4 13.32
Room 15 Lower Bathroom 10.4 7.51 4 Pc Ensuite
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Lower
Washroom Type 3 4 Second
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 0-5
Property Type: Triplex
Style: 1 1/2 Storey
Exterior: Brick, Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Private Tr
Drive Parking Spaces: 6
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Other Structures: Storage, Other
Approximatly Age: 0-5
Approximatly Square Footage: 3500-5000
Property Features: Park, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
Personal Picture
Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Greenford
Style: 1 1/2 Storey
Lot Size: x 112.16(Feet)
Approximate Age: 0-5
Tax: $12,036.98
Maintenance Fee: $0
Beds: 7
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years