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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
$985,000
Available - For Sale
Listing ID: X10440745
13 WESTINGHOUSE Ave , Hamilton, L8L 6E4, Ontario
| Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters. Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. |
| Price | $985,000 |
| Taxes: | $4727.00 |
| Assessment: | $332000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 13 WESTINGHOUSE Ave , Hamilton, L8L 6E4, Ontario |
| Postal Code: | L8L 6E4 |
| Province/State: | Ontario |
| Legal Description: | PT LT 32, PL 167 , AS IN CD459664; S/T & |
| Lot Size: | 25.58 x 102.22 (Feet) |
| Directions/Cross Streets: | Westinghouse Ave |
| Total Area: | 2084.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Park Public Transit |
| Insurance Expense: | $6057 |
| Heat Expenses: | $2072 |
| Hydro Expense: | $1179 |
| Washrooms: | 6 |
| Heat Type: | Forced Air |
| Sewers: | Sewers |
| Water: | Municipal |
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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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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Lot Size: | 25.58 x 102.22(Feet) |
| Tax: | $4,727 |
| Baths: | 6 |
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