289-293 KENILWORTH AVENUE NORTH

Hamilton (Crown Point), , L8H4S8, Canada

$1,749,000

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Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!

Last updated on : Thursday 19th of June 2025 02:35:57 PM

ADDRESS

Street : 289-293 KENILWORTH AVENUE NORTH

City : Hamilton (Crown Point)

Country : Canada

Postal Code : L8H4S8

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PROPERTY SUMMARY

Property ID : X12233206

Building Type : Other

Property Type : Retail

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