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(905) 526-4837
Real Estate Company
289 KENILWORTH Avenue North, Hamilton, Ontario L8H4S8
Listing courtesy of Corcoran Horizon Realty.
- $1,598,000
- 4,200
- SqFt
- List Price
- $1,598,000
- MLS®
- 40872441
- Days on Market
- 1
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Other
- Living Area
- 4,200
- Subdivision
- 201 - Crown Point
Property Description
Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return! (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- 201 - Crown Point
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Stories
- 2
