122 Victoria Avenue N, Hamilton, ON, L8L 5E5

$1,895,000

MLS® # 40679781

Investment For Sale In Landsdale, Hamilton, Ontario

$1,895,000

Property Information:

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.

Inclusions: Other,Fridge (X9), Stove (X9), Dishwasher (X2), Washer(X3), Dryer(X3), Combo-Washer, Otr Microwave(X4), Coin-Washer, Coin-Dryer

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 6000 Square Feet

Property Features:

  • Bedrooms: 9
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Brick
  • Cooling: Ductless, Wall Unit(s)
  • Driveway Parking: Outside/Surface/Open, Private Drive Double Wide
  • Exterior Features: Awning(s), Balcony, Separate Hydro Meters
  • Floor Space (approx): 6000 Square Feet
  • Heating: Natural Gas, Radiator
  • Interior Features: Separate Heating Controls, Separate Hydro Meters, Other
  • Laundry Features: Coin Operated, In-Suite
  • Lot Depth: 156.1 Feet
  • Lot Features: Rectangular, City Lot, High Traffic Area, Highway Access, Park, Public Transit, Shopping Nearby
  • Lot Frontage: 54.55 Feet
  • Roof: Asphalt
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 11

Courtesy of: Keller Williams Signature Realty, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos