81 Hamilton Street N,Hamilton (Waterdown), ON L0R2H0
Hamilton (Waterdown), ON L0R2H0
Description
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses. (id:13843)
Details
| MLS # | X13579598 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 98 |
| Listing Provided By | Royal LePage Real Estate Services Ltd., Brokerage | JUSTIN MASON |
Features
| SQ Feet | 7,644 |
|---|---|
| Zoning | C5 Mixed use |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Baseboard heaters, Other |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 10120 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Waterdown) |
| Postal Code | L0R2H0 |
| Listing VS Median (in L0R2H0) | |
Price: $2,999,000 low | high Med: $899,000 sqft: 7,644 low | high Med: 1,500 $ / sqft: $392 low | high Med: $599 On site: 98 low | high Med: 10 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Waterdown) |
| Postal Code | L0R2H0 |
| Listing VS Median (in L0R2H0) | |
Price: $2,999,000 low | high Med: $899,000 sqft: 7,644 low | high Med: 1,500 $ / sqft: $392 low | high Med: $599 On site: 98 low | high Med: 10 | |