New Listing
$2,399,900
 $12,883 est/mo Sourced by Back At You

65 Mount Albion Road Unit# 1-8,Hamilton, ON L8K5S5

Hamilton, ON L8K5S5

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Description

An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation's clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:13843)

Details

MLS #40872889
Listing TypeFor Sale
StatusActive
Year1984
Days On Site4
Listing Provided ByRE/MAX Real Estate Centre Inc. | Paulo Alexandre Ribeiro

Features

Bed(s)24
Bath(s) 16 Total
SQ Feet1,068
Garage16
BasementY
Story(s)3
Units8
ZoningRT-10/S-491
Acreage0.71

Interior

CoolingNone
HeatingBaseboard heaters
Fireplace Yes / NoNo

Exterior

Lot FeaturesBacks on greenbelt, Conservation/green belt, Paved driveway, Private Yard

Parking

Parking FeaturesAttached Garage
Parking Total16

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount19228.96

Area Information

ProvinceON
CityHamilton
Postal CodeL8K5S5
Community Name281 Red Hill
Listing VS Median (in 281 Red Hill)
Price:
$2,399,900
low | high
Med:
$508,750
100% of Average
sqft:
1,068
low | high
Med:
1,265
31.554307116105% of Average
$ / sqft:
$2,247
low | high
Med:
$413
100% of Average
On site:
4
low | high
Med:
140.5
2.846975088968% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityHamilton
Postal CodeL8K5S5
Community Name281 Red Hill
Listing VS Median (in 281 Red Hill)
Price:
$2,399,900
low | high
Med:
$508,750
100% of Average
sqft:
1,068
low | high
Med:
1,265
31.554307116105% of Average
$ / sqft:
$2,247
low | high
Med:
$413
100% of Average
On site:
4
low | high
Med:
140.5
2.846975088968% of Average
Sourced by Back At You
Listing Updated: October 21, 2026 at 12:13:46 PM PDT