Hamilton L8N 2C2

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C850,000
($618,298)
(€521,854)
Annual Taxes:C15,336
505 Park Ave, New York, NY 10022

Description

Prime investment opportunity in the heart of downtown Hamilton. This fully renovated mixed-use property features a street-level storefront with excellent visibility, plus two additional floors and a functional basement.Offering a cap rate of 6.2% at asking, this property provides strong potential for steady passive income. With nearly 3,000 sq. ft. of commercial space, the main floor impresses with soaring 11-foot ceilings and modern pot lighting throughout.The building is well-equipped with two furnaces (one installed in 2020), two A/C units, 400-amp service, and two separate panels. Its unbeatable location, just steps from the Hamilton GO Station, ensures convenience and accessibility for both tenants and customers.

Prime investment opportunity in the heart of downtown Hamilton.


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.