122 Victoria Avenue N Hamilton, Ontario L8L 5E5

9 Bedroom 6,000 ft2
Partially Air Conditioned Radiant Heat

$1,690,000

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. (id:61594)

Property Details

MLS® Number X11997681
Property Type Multi-family
Community Name Landsdale
Amenities Near By Highway, Public Transit
Parking Space Total 11

Building

Bedrooms Total 9
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Cooling Type Partially Air Conditioned
Heating Type Radiant Heat
Size Exterior 6000 Sqft
Size Interior 6,000 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 156 Ft ,1 In
Size Frontage 54 Ft ,6 In
Size Irregular Bldg=54.55 X 156.1 Ft
Size Total Text Bldg=54.55 X 156.1 Ft
Zoning Description D

https://www.realtor.ca/real-estate/27973634/122-victoria-avenue-n-hamilton-landsdale-landsdale

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