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$ 1,690,000
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Active
122 VICTORIA AVE N Hamilton, ON L8L 5E5
9 Beds
6,000 SqFt
UPDATED:
03/04/2025 01:45 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $281
Subdivision Landsdale
MLS Listing ID X11997681
Bedrooms 9
Annual Tax Amount $17,254
Tax Year 2024
Property Sub-Type Investment
Property Description
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Unit 5 vacant, Unit 6 vacant Apr 1. Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request. Appraised for $2,050,000 in 2024.
Location
Province ON
County Hamilton
Community Landsdale
Area Hamilton
Zoning D
Rooms
Kitchen 0
Interior
Cooling Partial
Inclusions Fridge (x9), Stove (x9), Dishwasher (x2), Washer(x3), Dryer(x3), Combo-Washer, OTR Microwave(x4), Coin-Washer, Coin-Dryer
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 54.55
Lot Depth 156.1
Building
New Construction false
Listed by Keller Williams Signature Realty, Brokerage