$2,999,000
Available - For Sale
Listing ID: X13579458
81 Hamilton Street North , Hamilton, L0R 2H0, Hamilton
| Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses. |
| Price | $2,999,000 |
| Taxes: | $10120.00 |
| Occupancy: | Tenant |
| Address: | 81 Hamilton Street North , Hamilton, L0R 2H0, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | West on Dundas St - North on Hamilton St |
| Rooms: | 30 |
| Bedrooms: | 12 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Kitchen | |||
| Room 2 | Ground | Dining Ro | |||
| Room 3 | Ground | Living Ro | |||
| Room 4 | Ground | Primary B | |||
| Room 5 | Ground | Bedroom | |||
| Room 6 | Second | Kitchen | |||
| Room 7 | Second | Dining Ro | |||
| Room 8 | Second | Living Ro | |||
| Room 9 | Second | Primary B | |||
| Room 10 | Second | Bedroom | |||
| Room 11 | Second | Kitchen | |||
| Room 12 | Second | Dining Ro |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Ground |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 2 | Sub-Base |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 10 |
| Park #1 | |
| Parking Type: | Available |
| Park #2 | |
| Parking Type: | Available |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Public Trans, Place Of Worship |
| 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: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Royal LePage Real Estate Services Ltd., Brokerage |
|
|
Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Waterdown |
| Style: | 2-Storey |
| Approximate Age: | 31-50 |
| Tax: | $10,120 |
| Beds: | 12 |
| Baths: | 12 |
| Fireplace: | N |
| Pool: | None |
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