New Listing
289-293 Kenilworth Avenue N,Hamilton (Crown Point), ON L8H4S8
Hamilton (Crown Point), ON L8H4S8
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:13843)
Details
| MLS # | X14125674 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | Corcoran Horizon Realty | MARTINUS GELEYNSE |
Features
| SQ Feet | 4,200 |
|---|---|
| Zoning | C5a |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 11195 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Crown Point) |
| Postal Code | L8H4S8 |
| Listing VS Median (in L8H4S8) | |
Price: $1,598,000 low | high Med: $1,373,950 sqft: 4,200 low | high Med: 4,100 $ / sqft: $380 low | high Med: $334 On site: 5 low | high Med: 63.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Crown Point) |
| Postal Code | L8H4S8 |
| Listing VS Median (in L8H4S8) | |
Price: $1,598,000 low | high Med: $1,373,950 sqft: 4,200 low | high Med: 4,100 $ / sqft: $380 low | high Med: $334 On site: 5 low | high Med: 63.5 | |
