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Listed by Lucie Brusse • Royal LePage Burloak Real Estate Services
$1,585,000
Est. payment /mo
3,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3001 to 4000
Square Footage 3,500 sqft
Price per Sqft $452
MLS Listing ID H4206144
Property Sub-Type Investment
Property Description
Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing.
Location
Province ON
County Hamilton
Direction Concession Street to Viewpoint Avenue
Interior
Heating Gas Forced Air Closed
Inclusions Three (3) Fridges, Three(3) Stoves, Three (3) B/I Dishwashers, Three (3) B/I Microwaves, Three (3) Washers, Three (3) Dryers, Thwo (2) Tankless Water Heaters. Separate Hydro Meters, Separate Gas Meters, Sump Pump
Exterior
Utilities Available Yes
Waterfront Description None
Present Use APT2TO5UNITS
Lot Frontage 50.07
Lot Depth 125.2
Building
Sewer Sanitary & Storm
Water Municipal
Others
SqFt Source Other (see Remarks)
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