289-293 Kenilworth Avenue N
Crown Point
Hamilton
L8H 4S8
$1,799,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12089960
- Photos (42)
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Incredible low-maintenance investment offered at a massive 6.6% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- No
- Total Area:
- 182952000 sq. ft. Acres
- Total Area:
- 4,200 acre(s)1,700 hectare(s)
- Retail Area:
- 2200 sq. ft. Sq Ft
- Depth:
- 35'10.7 m
- Frontage:
- 64'8"19.7 m
- Water supply:
- Municipal
- Zoning:
- C5a
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $10,702.14 / 2024
- Assessment:
- $- / -
- Hamilton
- Crown Point
- Hamilton
- No
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Multi-Use
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Listed by Sotheby's International Realty Canada, Brokerage
Data was last updated April 25, 2025 at 01:15 AM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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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.