Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.
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On Market
Store W/Apt/Office
Property Type
$12,117 / Year
Est. Taxes
Store With Apt/Office
Style
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Business Type
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Franchise
Listing Details
Lot Depth:
35 Feet
Lot Width:
66 Feet
Style:
Store With Apt/Office
Exterior Construction:
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Roof Material:
-
Patio/Deck:
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Driveway:
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Swimming Pool:
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Schools nearby
Listing Brokerage
MLS® Listing
X12441410
Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.
ROYAL LEPAGE WEST REALTY GROUP LTD. - Disclaimer: The information contained in this listing has not been verified by ROYAL LEPAGE WEST REALTY GROUP LTD. and should be verified by the buyer.
Data is deemed reliable but not guaranteed accurate by TRREB.
