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$ 2,800,000
Est. payment | /mo
$ 2,800,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Subdivision Stipley
MLS Listing ID X12465229
Annual Tax Amount $35,186
Tax Year 2024
Property Sub-Type Investment
Property Description
Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamiltons most promising growth corridors.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 90.0
Lot Depth 45.66
Others
ParcelsYN No
Listed by EXP REALTY
"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