Karim Ellis

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2 LYDIA STREET, Hamilton, Ontario

$799,000

6 Beds
3 Baths

Welcome to 2 Lydia Street a TURNKEY triplex nestled on a quiet residential street just minutes from downtown, transit, park and school on a highly desirable Rosedale area of Hamilton . Whether you're an investor seeking cash flowing rental income or a homeowner looking to live in one unit while renting out the others, this property offers unmatched flexibility and value. This exceptional property features 4+2 bedrooms, 3 bathrooms, 3 kitchens, and is spread across three finished levels, offering a versatile layout perfect for investors, multi-generational families, or homeowners seeking a mortgage helper. The main floor offers 3 bedrooms, a 4-piece bathroom, and a full kitchen, currently vacant but can be rented out for $2,100/month. The upper level has a self-contained 1-bedroom unit with a 3-piece bathroom and kitchen, rented for $1,500/month. The fully finished basement features 2 bedrooms, a 4-piece bathroom, and a kitchen, rented for $1,700/month. Thats a total gross annual income of $64,800, with potential for even more. Triple A tenants are in good standing and willing to stay. The buyer may choose to occupy the main unit and rent out the others. Extensive updates have been completed, including new appliances, flooring, and plumbing, furnace and AC (2021), hot water tank (2020), a new deck, upgraded 200-amp electrical panel (2020), 18 replaced windows (2021), newer roof, and a whole home water filtration system. Capitalize on Hamilton's strong rental demand with this ready-to-go income property. Add to your portfolio with minimal effort, or explore owner-occupancy while tenants help cover the mortgage! (id:23309)

Listing ID: X12241599
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.3 m x 4.34 m
Kitchen	Second level	5.46 m x 4.57 m
Bedroom	Main level	3.35 m x 3.81 m
Bedroom	Main level	2.46 m x 2.95 m
Bedroom	Main level	3.28 m x 3.28 m
Kitchen	Main level	3.4 m x 3.12 m
Living room	Main level	3.33 m x 4.52 m

Details

Ownership: Freehold
Parking Spaces: 1
Transaction: For sale
Zoning Description: C

Building

Appliances: Dryer, Microwave, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 40 ft
Size Irregular: 40 x 110 FT

Listing provided by RIGHT AT HOME REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2 LYDIA STREET in Hamilton Ontario. It was last modified on June 24th, 2025. Contact Karim Ellis to schedule a viewing or to discover other Hamilton homes for sale.

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