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$1,250,000
Status: For Sale
Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close; NET over $75,000 Annually. Zoned C2;Mixed us for both Commercial & Residential so can be converted easily back into a full store front; Easily able to have variance done for C5 as it is surrounded by C5 properties. Confirmed can build UP & OUT. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rents paid in full. Property well maintained and large parking areas on side of building & in rear. Recent renovations include: New Furnace last month, new ceramic tiling, new drywall, new kitchen, new washroom, new flooring, Basement renovated ! Quick close available. (2 A/C Units on Central Air & Furnace Owned)
| Property Type | :Commercial |
|---|---|
| MLS Number | :X12091467 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :18 Apr, 2025 (26 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L8L 3B1
|
| Price | : $1,250,000 |
|---|---|
| Property Taxes | :$4108.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Lottridge & Barton St E |
| Bathrooms | :3 |
|---|---|
| Fireplace/Stove | :No |
18 Apr, 2025
TREB #X12091467
Listed
$1,250,000
