A Rare and exceptional downtown Hamilton investment opportunity not to be missed !


Property

Website:https://www.nestseekers.com/5597575
Address:
Hamilton L8M 1M9
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 7

Financials

Price:C1,699,000
($1,197,400)
(€1,051,600)
Annual Taxes:C12,615

Description

A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft main 1,689 sq ft 2nd 1,061 sq ft 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor - whether a boutique retail shop, café, professional office, or personal service use - while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton's vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between!

Amenities

  • Deck
  • Water Heater

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: