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$3,600,000
Available - For Sale
Listing ID: X11940102
The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.
Price $3,600,000
Taxes: $15,192
Lot Size: 100.2 x 45.19 (Feet)
Rooms: 0
Bedrooms: 0
Washrooms: 12
Kitchens: 0
Family Room: N
Basement: Sep Entrance
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: None
Drive Parking Spaces: 0
Pool: None
Approximatly Age: 51-99
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Central Vac: N
Sewers: Sewers
Water: Municipal
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Trilliumwest Real Estate Brokerage Ltd
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: Central
Style: 3-Storey
Lot Size: 100.20 x 45.19(Feet)
Approximate Age: 51-99
Tax: $15,192
Maintenance Fee: $0
Beds: 0
Baths: 12
Garage: 0
Fireplace: Y
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


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

 

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