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$2,150,000
Available - For Sale
Listing ID: X11176922
Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000m, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside.
Price $2,150,000
Taxes: $18,250
Assessment: $656000
Assessment Year: 2024
Address: 145 Victoria Ave South , Hamilton, L8N 2T1, Ontario
Lot Size: 66 x 86 (Feet)
Directions/Cross Streets: Charlton Ave E / Victoria Ave S
Rooms: 51
Bedrooms: 9
Bedrooms +: 5
Washrooms: 8
Kitchens: 8
Family Room: Y
Basement: None
No. of Pieces Level
Washroom 1:  4 Bsmt
Washroom 2:  4 Ground
Washroom 3:  4 2nd
Washroom 4:  4 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 8
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 5000+
Property Features: Hospital
Park
Public Transit
Rec Centre
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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Keller Williams Signature Realty, Brokerage

145 Victoria Ave South , Hamilton, L8N 2T1, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style: 3-Storey
Lot Size: 66.00 x 86.00(Feet)
Approximate Age: 51-99
Tax: $18,250
Maintenance Fee: $0
Beds: 9+5
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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