Size
5000 sqft
Lot size
589.93 sqm
Street frontage
-
Possession
-
Price per sqm
$3,871
Taxes
-
Parking Type
None
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®#: XH4195164
Property details
Parking:
8
Parking type:
None
Property type:
-
Heating type:
-
Style:
-
MLS Size:
465 sqm
Lot front:
15.24 M
Lot depth:
38.71 M
Listed on:
May 24, 2024
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Instant estimate:
orto view instant estimate
$23,767
lower than listed pricei
High
$1,877,267
Mid
$1,776,133
Low
$1,625,310