$2,988,000
Available - For Sale
Listing ID: X12677702
41 Albert Street , Hamilton, L8M 2Y1, Hamilton
| Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi-residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro. |
| Price | $2,988,000 |
| Taxes: | $15192.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 41 Albert Street , Hamilton, L8M 2Y1, Hamilton |
| Directions/Cross Streets: | Gage Ave. S. & Main St. E. |
| Rooms: | 0 |
| Bedrooms: | 16 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Apartment |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Square Footage: | 5000 + |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
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| Trilliumwest Real Estate Brokerage |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Blakeley |
| Style: | 3-Storey |
| Tax: | $15,192 |
| Beds: | 16 |
| Baths: | 14 |
| Fireplace: | Y |
| Pool: | None |
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