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$1,299,900
Status: For Sale
Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods.
Property Type | :Commercial |
MLS Number | :X9352834 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :17 Sep, 2024 (2 Days ago) |
Source | :TRREB |
Area | :Hamilton |
Community | : Crown Point |
Postal Code | : L8H 3Z4 |
Price | : $1,299,900 |
Property Taxes | :$10248.17 |
Tax Year | :2024 |
Cross Street | :North of Cannon St E on West side of Ottawa St N |
17 Sep, 2024
TREB #X9352834
Available
$1299900.0