233 Victoria Avenue N, Hamilton, ON, L8L 5G3

$1,499,000

MLS® # 40655545

Investment For Sale In Landsdale, Hamilton, Ontario

$1,499,000

Property Information:

Lucrative investment opportunity at 233 Victoria Ave N. This is a LEGAL, turn key 6 unit apartment building. This property underwent extensive renovations within the last 2-3 years including kitchens, bathrooms, flooring and MORE. This property features a suite mix of 4 x 1-bedrooms, and 2 x 2-bedrooms, that are currently tenanted with AAA young professionals. Laundry is coin operated in the basement of the building. This property also features an ASSUMABLE CMHC MORTGAGE with an interest rate of 4.32%, maturing in 2028 with a cap rate of 5.5%-5.75%. See attached feature sheet for full financial details on your next investment property!

Inclusions: Microwave,Washer & Dryerall Appliancesall Elf's

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 3777 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Unfinished, Sump Pump
  • Construction Materials: Brick, Brick Veneer, Block
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking
  • Floor Space (approx): 3777 Square Feet
  • Heating: Radiator
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 134.5 Feet
  • Lot Features: Rectangular, City Lot, High Traffic Area, Highway Access, Hospital, Public Parking, Public Transit
  • Lot Frontage: 33.25 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: EXP Realty

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Additional Photos