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$ 1,900,000
Est. payment | /mo
4,784 SqFt
$ 1,900,000
Est. payment | /mo
4,784 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,784 sqft
Price per Sqft $397
Subdivision Blakeley
MLS Listing ID X12040770
Annual Tax Amount $7,690
Tax Year 2024
Property Sub-Type Investment
Property Description
Three-storey mixed-use building featuring two retail units on the main floor (1,500 sq. ft. each) and seven residential apartments above. The frame construction is in good condition, with many recent updates and renovated units. The residential mix includes 1 bachelor, 4 one-bedroom, and 2 two-bedroom apartments. Strong existing cash flow with reliable, long-term tenants. The ground-floor retail units have been occupied by established businesses for decades. Excellent opportunity for first-time investors, with approximately 30% upside potential in rental income
Location
Province ON
County Hamilton
Community Blakeley
Area Hamilton
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 46.0
Lot Depth 104.5
Others
Security Features No
Listed by COMMERCIAL FOCUS REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN