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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$1,950,000
Available - For Sale
Listing ID: X10441654
122 VICTORIA Ave North , Hamilton, L8L 5E5, Ontario


Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged.
Price $1,950,000
Taxes: $17254.15
Assessment: $621000
Assessment Year: 2024
Occupancy by: Tenant
Address: 122 VICTORIA Ave North , Hamilton, L8L 5E5, Ontario
Postal Code: L8L 5E5
Province/State: Ontario
Legal Description: LOT 137, PLAN 223, NORTH SIDE OF KING ST
Lot Size: 54.55 x 156.10 (Feet)
Directions/Cross Streets: Main St E to Victoria Aenue N
Total Area: 6000.00
Total Area Code:  Sq Ft
Area Influences: Park   Public Transit
Approximatly Age: 51-99
Insurance Expense: $6427
 Heat Expenses: $5041
 Hydro Expense:  $1260
Washrooms: 9
Heat Type: Radiant
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Keller Williams Signature Realty, Brokerage
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Landsdale
Style:
Lot Size: 54.55 x 156.10(Feet)
Approximate Age: 51-99
Tax: $17,254.15
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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