89 Mount Albion Rd, Hamilton MLS Number: X11903308
Red Hill, Hamilton, ON, L8K 6C4$4,700,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $12230.20 (Tax Year:2024)
- Listing Courtesy : Homelife Signature Realty
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$4,700,000
Status: For Sale
Rarely offered purpose-built legal 8-Unit investment property on a premium corner lot in the highly sought-after Red Hill area of Hamilton !! The building boasts a fantastic suite mix of 8 condo Townhomes: 4 x 2 Bedrooms & 4 x 3 Bedrooms ranging from 835 Sq.Ft. to 1035 Sq.Ft. Full Basements, Fully rented with upwards income potential!! Addresses: 89,91,93,95,97,99 & 101 on Mount Albion & 2 Cherry Hill Ave. Tenants Pay All Utilities. Separate Utility Meters. This turnkey 8-Unit Building has been well cared for with a new Roof in 2016, Windows done in 2010, All Furnaces are new & high efficiency, new Parking Lot. 12 Parking and 2 Garages. Rental Water Heaters. Gross Income of $ 220,000 with potential to rise in future. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. Don' t miss this exceptional investment opportunity with strong cash flow and long-term upside.
Price | : $4,700,000 |
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Property Taxes | :$12230.20 |
Tax Year | :2024 |
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Cross Street | :Mount Albion/Cherryhill |
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01 Jan, 2025
TREB #X11903308
Available
$4700000.0
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