145 Victoria Avenue S , Hamilton, ON L8N 2T1
Hamilton, ON L8N 2T1
Description
Rarely offered purpose-built legal 8-unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000m, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Don’t miss this exceptional investment opportunity with strong cash flow and long-term upside.
Details
| Mls | 40681365 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | Keller Williams Signature Realty, Brokerage | Jake Novis |
Features
| Beds | 14 |
|---|---|
| Baths | 8 |
| Sq Feet | 5,595 |
| Storys | 3 |
| Units | 8 |
| Zoning | E |
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Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8N 2T1 |
| Area | 14 Hamilton Centre |
| Subarea | 143 Stinson |
| Community Name | 143 Stinson |
| Listing VS Median (in 143 Stinson) | |
Price: $2,150,000 low | high Med: $110,000 SqFt: 5,595 low | high Med: 1,736 $ / SqFt: $384 low | high Med: $198 On Site: 15 low | high Med: 49.000000 | |