96 Ridge St., Hamilton

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Lovely brick home in Hamilton Mountain – Perfect for RTO! 3 bedrooms, 2 updated bathrooms. Remodeled kitchen with granite counter tops and brand new stainless steel appliances! Large rec room in basement with raised crawl space for lots of storage. Front loading washer & dryer. May recent updates, including high efficiency furnace & AC (2008) and electrical in 2010. Close to all amenities. Steps from the Mountain Arena! Less than 1km from the Lincoln Parkway and Walking Distance to Mountain Secondary School, Ridgemount Junior Public School, & St. Michael Catholic Elementary School.

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Full listings details can be viewed HERE.


 

Contact Meaghan if you have any questions or if you’d like to book a time to view a property!

meaghan(at)mrhamilton(dot)ca, (289) 288-5019

Happy Hamilton Investing Everyone!

Erwin | MrHamilton.ca | Silver REIN Member

PS: If you are just starting out investing, start by investing in yourself by getting training by Clicking here for FREE Training on “How to Invest in Nice Homes in Nice Areas”

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8 Comments

  1. Hi Erwin, I recently did a Flip House east of Toronto that went quite well and thought I’d contact you to see if you ever come across properties that need work that would provide a nice return once completed. I would be interested in having a look. Please keep me in mind. I’m not really looking for a complete gutout property. The last one I had to replace all doors/frames, some windows new kitchen, ceramic, new bathrooms and landscaping. Hope to hear from you.

    Thanks,

    Brian McGuckian
    REIN Member

    • Hi Brian, we in Hamilton do pretty much the same thing almost everyday on singles, semis, student, multifamily, RTO’s but we always rent them out afterwards as my clients and I are in it for the long term.

      A nice return in Hamilton is the well above market rents we receive and sometimes we do pull $ out post refinancing. 25k in renos to complete gutouts is pretty much the system to make sufficient forced equity worth while.

      Hope that helps!
      Erwin

  2. Hi, I am new at investing. I saw a property in an
    up & coming Hamilton area. The property has potential
    for up to 3 rental dwellings, no Reno needed appears well built & maintained Price over
    $400,000. Any advice? I was hoping to start with a less
    Expensive property but this one is move-unable.

    • Hi Sandra, you haven’t given me much to go on 🙂

      If you’d like, we can meet at my office to discuss the opportunity.

      Thanks!
      Erwin

      • Hi,
        Could we have a telephone conversation? Please share some times and a phone number where I could connect with you,
        Thanks!

  3. ( have 2 investment properties there) n have done decent so far. Now I am looking to invest in Hamilton ( as its the growing area) . Can you help us with the search. Also what is the better strategy for Hamilton – buy n hold or RTO . Am looking at multi-family properties preferably

    Thanks
    Shilpa
    REIN member

  4. hi Erwin,

    I am a new immigrant to canada n am interested in real estate investments.
    So far I have been investing in mississauga ( have 2 investment properties there) . Now I am looking to invest in Hamilton ( as its the growing area) . Can you help with the search. Also what is the better strategy for Hamilton – buy n hold or RTO . Am looking for multi-family properties preferably

    Thanks
    Shilpa
    REIN member

    • Hi Shilppa,

      Both rent to own and buy and hold are excellent strategies and it depends on your goals, rent to own provides high cash flow and tenants take better care of your property however with buy and hold you may have a higher upside in appreciation. My assistant Meaghan will email you and set something up so we may discuss further.

      Best!
      Erwin

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