- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12040770
- Bus Major:
- Apts - 6 To 12 Units
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Three-storey mixed-use building featuring two retail units on the main floor (1,500 sq. ft. each) and seven residential apartments above. The frame construction is in good condition, with many recent updates and renovated units. The residential mix includes 1 bachelor, 4 one-bedroom, and 2 two-bedroom apartments. Strong existing cash flow with reliable, long-term tenants. The ground-floor retail units have been occupied by established businesses for decades. Excellent opportunity for first-time investors, with approximately 30% upside potential in rental income
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 4784 sq. ft. Square Feet
- Total Area:
- 4,784 sq. ft.
- Depth:
- 104'6"
- Frontage:
- 46'
- Lot Shape:
- Rectangular
- Water supply:
- Municipal
- Zoning:
- C2
- Heating type:
- Gas Hot Water
- Survey Available:
- No
- Garage:
- Outside/Surface
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $355,000
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $7,690.7 / 2024
- Assessment:
- $355,000.00 / 2025
- Hamilton
- Blakeley
- Hamilton
- Public Transit
- No
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Gross income:
- $211,475
- Net Income Before Debt:
- $133,335
- Expenses Actual/Estimated:
- Estimated
- Operating Expenses:
- $78,410
- Year Expenses:
- 2024
- Property Management Company:
- Self
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
-
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Listed by COMMERCIAL FOCUS REALTY INC.
Data was last updated April 25, 2025 at 09:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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Properties priced between $1.5 million and $2 million offer a unique blend of luxury and value, making them an attractive choice for discerning buyers. Located in desirable neighborhoods, these homes provide access to top-rated schools, fine dining, high-end shopping, and excellent recreational facilities.