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Hamza Nouman, REALTOR®
1 Vera Court — property photo
1 / 43 — Click to enlarge
4.1

1 Vera Court, Hamilton

Hamilton

$799,900

Detached4 bed / 2 bath64 DOM~1,300 sqft
Motivated SellerPrice Drop -5%Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by NEW ERA REAL ESTATE

Investment Analysis

Key Facts

Type

Detached

Bedrooms

4

Bathrooms

2

Days on Market

64

Price Drop

5%

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (3 bed)$2,700/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$3,890/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Fantastic investment opportunity or ideal multi-generational home! This spacious 4-level backsplit is situated on a large corner lot with dual frontages on a quiet cul-de-sac directly across from a park, offering excellent privacy, curb appeal and versatility. Currently configured as two separate income-generating units, this well-maintained property features 4 total bedrooms, 2 full bathrooms and separate laundry for each unit.The main floor/upper unit offers a bright and functional layout with a spacious living room filled with natural light, separate dining room with stylish accent wall and an updated kitchen complete with granite countertops, tiled backsplash and ample cupboard space. Three generous bedrooms and a 4pc bathroom complete the upper levels, making it perfect for families or quality tenants.The lower/basement unit features its own separate entrance and provides excellent additional income potential or private in-law accommodations. This unit includes a cozy family room, spacious bedroom, full 4pc bathroom and an updated kitchen with quartz countertops, tiled backsplash and plenty of storage space.Outside, the property continues to impress with a fully fenced yard ideal for children, pets and entertaining. Rare parking flexibility includes two separate driveways, a 1.5 car detached garage and an additional single car carport, providing ample parking for multiple vehicles or tenants.Located in a highly desirable family-friendly neighbourhood within walking distance to schools, parks and public transit. Conveniently close to highway access, shopping, restaurants and all major amenities. A rare opportunity offering space, functionality and outstanding income potential in a prime location!

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