ADDRESS
Call: 416-800-1055
PROPERTY TYPE
3-Storey, Multiplex Property
22 Rooms Total, 6 Kitchens
4 Parking Spaces
LOT SIZE
25.58 x 102.22
PROPERTY FEATURES
Hospital, Park, Public Transit
None Basement
Brick Exterior
Book Showing
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SALES HISTORY
01/04/2025
FOR SALE
$985,000
SOLD COMPARABLES
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PROPERTY TAXES
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PROPERTY DESCRIPTION
Presenting A Rare Opportunity To Acquire A Purpose-Built Legal 6-Plex In The Heart Of Hamilton. This Property Features 3 Renovated Units, With 3 Additional Units Offering Significant Potential For Improvements. Current Annual Rental Income Of $75,718 With A Potential Gross Rent Of $107,683, Providing A 40% Upside On Rents. The Building Consists Of Three 1-Bedroom And Three 2-Bedroom Units, Each With Separate Hydro Meters.Key Features Include 4 Parking Spaces, Coin-Operated Laundry, Two Gas Furnaces, Updated Breaker Panels, And A New Commercial Hot Water Tank. Located Near Hamilton General Hospital And Major Developments Such As The Redeveloped Westinghouse Hq, This Property Benefits From The Ongoing Growth And Investment In The Area. Don't Miss The Chance To Add A Strong Asset To Your Portfolio In Hamilton's Thriving Gibson Neighborhood. Financials Available Upon Request.
LEGAL DESCRIPTION
Pt Lt 32, Pl 167 , As In Cd459664; S/T & T/W Cd459664 ; Hamilton
Call: 416-800-1055
BATHROOMS
3-piece on ground level
3-piece on 2nd level
3-piece on 3rd level
Book Showing
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