40
See all 40 photos
$1,995,000
Est. payment /mo
2 BA
7,460 SqFt
New
145 Victoria AVE S Hamilton, ON L8N 2T1
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UPDATED:
01/09/2025 03:40 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,460 sqft
Price per Sqft $267
MLS Listing ID X11914148
Annual Tax Amount $18,250
Tax Year 2024
Property Description
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.
Location
Province ON
County Hamilton
Community Stinson
Area Hamilton
Region Stinson
City Region Stinson
Rooms
Kitchen 8
Interior
Cooling Partial
Exterior
Garage Spaces 8.0
Utilities Available Yes
Lot Depth 86.0
Listed by Keller Williams Signature Realty, Brokerage