448 Ferguson Ave N, Hamilton MLS Number: X6631702
North End, Hamilton, ON, L8L 4Z2$1,999,990
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $8396.96 (Tax Year:2023)
- Listing Courtesy : Exp Realty
Maximum 4 project can be compared at one go.
$1,999,990
Status: OFF MARKET
**Calling all MULTI-FAIMILY & Low-Rise DEVELOPERS!** Welcome to 448 Ferguson St. N, presenting 5 residential units with 2 unfinished units, this property is situated in the coveted North End, just minutes away from the Hamilton Harbor Go station, Bayfront Park, and the Pier 8 development. Zoning Approved for Medium Density Residential 2 (4-8 Storeys condo, multiplex or townhomes) The building currently generates a substantial rental income of over $114,120. Cap rate at 4.5%. With the completion of the unfinished units, there is a potential to increase the income to a remarkable $160,000. VTB option available
Price | : $1,999,990 |
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Property Taxes | :$8396.96 |
Tax Year | :2023 |
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Cross Street | :Picton St. E |
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02 Jul, 2023
TREB #X6631702
Available
$1999990.0