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 |
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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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Landsdale |
Lot Size: | 54.55 x 156.10(Feet) |
Approximate Age: | 51-99 |
Tax: | $17,254.15 |
Baths: | 9 |