Property

Ownership: For Sale
Type: Unknown
Bedrooms: 10 BR
Bathrooms: 6
Pets: Pets No

Financials

Price:C1,799,900
($1,315,816.90)
(€1,122,327.61)
Annual Taxes:C8,529.21
505 Park Ave, New York, NY 10022

Description

This is a rare turnkey investment opportunity in the heart of Hamilton Mountain - a fully updated and exceptionally maintained six-unit multi-residential building offering four spacious 2-bedroom units, two spacious 1-bedroom units and parking for up to 10 vehicles. Ideally located along one of the city's most vibrant east-west corridors, the property is steps from the Mohawk Sports Complex and sits on a high-visibility transit route with extended bus service. Tenants enjoy unmatched convenience with easy access to Juravinski Hospital, Limeridge Mall, the LINC and Red Hill expressways, Albion Falls, and numerous hiking trails, making this a highly desirable rental location. Pride of ownership is evident throughout, with a long list of recent upgrades ensuring minimal maintenance and maximum efficiency. Improvements include PVC thermal windows, a updated and fully insulated roof (2011), updated kitchen and bathroom cabinetry, copper and ABS plumbing, copper wiring, fresh paint, and new flooring. A high-efficiency IBC boiler system, installed in 2025, adding to the property's operating efficiency. The building also features convenient on-site laundry and includes six sets of fridges and stoves. With excellent net operating income and strong tenant appeal, this is a stable, income-generating asset that's ready to go - Ideal for investors seeking long-term growth in a thriving Hamilton neighbourhood.

This is a rare turnkey investment opportunity in the heart of Hamilton Mountain a fully updated and exceptionally maintained six unit multi residential building offering four spacious 2 bedroom units, ...


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.