Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$1,995,000
Available - For Sale
Listing ID: X11914148
145 Victoria Ave South , Hamilton, L8N 2T1, Ontario
| Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside. Financials available upon request. |
| Price | $1,995,000 |
| Taxes: | $18250.00 |
| Tax Type: | Annual |
| Assessment: | $656000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 145 Victoria Ave South , Hamilton, L8N 2T1, Ontario |
| Postal Code: | L8N 2T1 |
| Province/State: | Ontario |
| Legal Description: | PT LTS 7, 8, 9 & 10, PL 397 , AS IN CD27 |
| Lot Size: | 66.00 x 86.00 (Feet) |
| Directions/Cross Streets: | Charlton Ave E / Victoria Ave S |
| Category: | Apartment |
| Building Percentage: | Y |
| Total Area: | 7460.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Taxes Expense: | $18250 |
| Insurance Expense: | $8725 |
| Heat Expenses: | $4935 |
| Water Expense: | $5595 |
| Gross Income/Sales: | $157021 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 2 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| Keller Williams Signature Realty, Brokerage |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stinson |
| Lot Size: | 66.00 x 86.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $18,250 |
| Baths: | 2 |
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