Investment Commercial Building for Sale

MLS# H4153057 Price: $3,800,000



Unique investment opportunity in East Hamilton. Sold as Package of 8 condo townhomes-each 3 bed,1.5 bath,walk-out basements, private courtyards and attached single car garages. All units are fully tenanted and being sold in a bundle. Tenants pay monthly rent+ hydro. 4 Visitor parking spaces.Easy highway access with the Redhill and QEW. Roof Re-shingled 2020, electric heat throughout, no central air, all water heaters owned, windows approximately 10-12 years. Possibility to add additional units on the approximate 31,000 SQFT. lot with re-zoning or minor Variance, Buyer to perform due diligence regarding development. 9,256 sq ft is total of 8 units,1,157 individual sq ft.72 hrs irrev on all offers. See Supplements for Survey, Legal Descriptions,and Marketing Package. Call LA for more info. 24hrs required for viewings,LA present.Seller open to VTB Mortgage with 35% down, 3 year term, first mortgage only.

What's your Walk Score? 33 Car-Dependent

What's your Transit Score? 48 Some Transit

Property Details: 65 MOUNT ALBION Road (near HIXION RD )
Listing# 12233


Location

Address 65 MOUNT ALBION Road
City Hamilton
Cross Streets HIXION RD
District Hamilton East (28)
Neighbourhood Red Hill (281)
Listing Agents Stephanie Ammendolia / Alexandra Borondy

Description

Sub Type Investment Price $ 3,800,000
Lease Rate Per For Sale Approx. Age 31-50 Years
Location Hamilton Heating Baseboard
Square Footage 9256

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.