570 Upper Wellington Street

570 Upper Wellington Street
570 Upper Wellington Street
570 Upper Wellington Street
+13
* This unit size is calculated from property.ca data
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$1,799,900
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* This unit size is calculated from property.ca data
Size
5000 sqft
Lot size
589.93 sqm
Street frontage
-
Possession
-
Price per sqm
$3,871
Taxes
-
Parking Type
Surface
Style
-
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Description
Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns.The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don't miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain.
Broker: RE/MAX Escarpment Golfi Realty Inc.
MLS®#: H4195164
Property details
Parking:
8
Parking type:
Surface
Property type:
-
Heating type:
None
Style:
-
MLS Size:
465 sqm
Lot front:
15.24 M
Lot depth:
38.71 M
Listed on:
May 24, 2024
Show all details
Arjun Sanilkumar
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: H4195164
Listed by RE/MAX Escarpment Golfi Realty Inc.

About 570 Upper Wellington Street

570 Upper Wellington Street is a Hamilton other for sale right off Brucedale. It has been listed at $1799900 since May 2024. This other is 5000 sqft.

For grabbing your groceries, M&M Food Market is a 23-minute walk.

Getting around the area will require a vehicle, as there are no nearby transit stops.