122 VICTORIA AVENUE N Active Save Request In-Person Tour Request Virtual Tour
Hamilton (landsdale),ON L8L5E5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $283
Subdivision Landsdale
MLS Listing ID X10441654
Bedrooms 9
Originating Board The Oakville, Milton & District Real Estate Board
Property Description
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. 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). Unit 5 vacant, Unit 6 vacant Apr 1. 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. Financials available upon request. Appraised for $2,050,000 in 2024. (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 11
Private Pool No