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$3,700,000
Status: For Sale
13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40676580 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :12 Nov, 2024 (1 Day ago) |
| Source | :Hamilton - Burlington |
| Price | : $3,700,000 |
|---|---|
| Property Taxes | :$4485 |
| Tax Year | :2024 |
|---|
| Heating | :Electric |
|---|---|
| Place of Worship | :No |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :9117 sqft |
12 Nov, 2024
TREB #40676580
Listed
$3700000
