Property Attributes
- ID#40747282
- TypeSingle Family
- Listing Status Active
- CityHamilton
- AreaHamilton East
- Neighbourhood280 - Greenford
- Postal CodeL8G 2H3
- Style1.5 Storey
- Year Built2021
- Taxes$ 12036
- Price$ 1,699,900
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3562
Data Source:
REALTORS® Association of Hamilton-Burlington (RAOHB)
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 that’s 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 History | |
|---|---|
| 7/3/2025 | Listed $1,699,900 |
General Features
| Sewer | Sewer (Municipal) |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Roof | Asphalt Shing |
| Appliances | Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Stove,Washer |
| Zoning | c |
| Garage Spaces | 6 |
| Architectural Style | 1.5 Storey |
| Construction Materials | Brick,Vinyl Siding |
| Exclusions | Tenant Belongings,Common Area Furniture And Artwork |
| Year Built | 2021 |
| Property Subtype | Single Family Residence |
| County | Hamilton |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Garage Y/N | Yes |
| Total Rooms | 20 |
| Full Baths | 5 |
| Status | Active |
| Directions | Red Hill Valley Parkway to King street E,Right on Owen Place. |
| ModificationTimestamp | 2025-08-09T20:32:23.993Z |
| City | Hamilton |
| Senior Community Y/N | No |
| Open Parking Spaces | 6 |
| Number Of Units Total | 1 |
| MLS Area | 28 - Hamilton East |
| Carport Y/N | No |
| HOA Fee 2 Frequency | Monthly |
| Land Lease Y/N | No |
| Tax Annual Amount | 12036.98 |
| Property Condition | 0-5 Years |
| Lease Renewal Y/N | No |
| MLS Area Minor | 280 - Greenford |
| Additional Parcels Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Other |
Interior Features
| Interior Amenities | Other |
|---|---|
| Basement | Separate Entrance,Full,Finished |
| Kitchen Level | Lower,Main,Second |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Window Coverings |
| Fireplace Y/N | No |
| Above Grade Finished Area | 3562 |
| Laundry Features | In-Suite |
| Total Bedrooms | 7 |
| Below Grade Finished Area | 1808 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| Below Grade Finished Area Source | Other |
| Above Grade Finished Area Source | Other |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 5 |
Exterior Features
| Parking Features | Attached Garage,Detached Garage |
|---|---|
| Lot Features | Urban,Highway Access,Park,Public Transit,Quiet Area,Schools,Shopping Nearby |
| Water Source | Municipal-Metered |
| Total Parking | 12 |
| Inclusions | Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Stove,Washer,Window Coverings,Fridge X 3,Stove X 3,Dishwasher X 3,Washer/Dryer X 3,All Light Fixtures And Window Coverings |
| Foundation Details | Poured Concrete |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 5370 |
| Lot Dimensions | 72.65 x 112.16 |
| Frontage Length | 72.65 |
| Frontage Type | West |
| Waterfront Y/N | No |
| Covered Spaces | 6 |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The information on this system is from sources deemed reliable, but should not be relied upon without independent verification. All data contained in the system is property of REALTORS ® Association of Hamilton-Burlington © 2018 or the originating source board/association.