145 VICTORIA AVENUE S

Hamilton (Stinson), Ontario, L8N2T1, Canada

$2,150,000

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 $157,000m, 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.

Last updated on : Wednesday 18th of December 2024 11:55:47 AM

ADDRESS

Street : 145 VICTORIA AVENUE S

City : Hamilton (Stinson)

Province : Ontario

Country : Canada

Postal Code : L8N2T1

Open in Google Map

PROPERTY SUMMARY

Property ID : X11176922

Building Type : Other

Property Type : Multi-family

Bedrooms : 9 + 5

Bathrooms : 8

Parking : 8

Similar Properties

Multi-family

1267 DUNDAS STREET

London, Ontario, N5W3B3

$728,000

Beds: 9Baths: 9

property Type: Other

type: Sale

DURGA PRASAD AARIPAKA
2 days ago

DETAILS

Multi-family

13 WESTINGHOUSE AVENUE

Hamilton (Gibson), Ontario, L8L6E4

$985,000

Beds: 9Baths: 6

property Type: Other

type: Sale

JAKE NOVIS
1 month ago

DETAILS

Multi-family

122 VICTORIA AVENUE N

Hamilton (Landsdale), Ontario, L8L5E5

$1,950,000

Beds: 9Baths: 9

property Type: Other

type: Sale

JAKE NOVIS
1 month ago

DETAILS

Multi-family

534 DUNDAS STREET E

Whitby (Downtown Whitby), Ontario, L1N2J4

$1,590,000

Beds: 9Baths: 6

property Type: Other

type: Sale

MARIN BEZIC
2 months ago

DETAILS

Multi-family

663 KING STREET E

Hamilton (Landsdale), Ontario, L8N1E5

$2,000,000

Beds: 9Baths: 6

property Type: Other

type: Sale

YOUMING ZHAO
1 month ago

DETAILS

Inquire about this property