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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com
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$1,895,000
Available - For Sale
Listing ID: X10441654
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 $1,895,000
Taxes: $17,254.15
Tax Type: Annual
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 156.1 (Feet)
Directions/Cross Streets: Main St E to Victoria Aenue N
Zoning: D
Category: Apartment
Building Percentage: Y
Total Area: 6,000
Total Area Code:  Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Insurance Expense: $6427
 Heat Expenses: $5041
 Hydro Expense:  $1260
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Heat Type: Radiant
Central Air Conditioning: Part
Sewers: San Avail
Water: Municipal
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Keller Williams Signature Realty, Brokerage

122 VICTORIA Ave North , Hamilton, L8L 5E5, Ontario

Personal Picture
Maria Tompson
Sales Representative
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: Landsdale
Style:
Lot Size: 54.55 x 156.10(Feet)
Approximate Age: 51-99
Tax: $17,254.15
Maintenance Fee: $0
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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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