Don't miss this prime investment opportunity nestled in the heart of downtown Waterdown! This property offers a seamless blend of live, work, and lease options, boasting a 1000-square-foot commercial unit on the ground floor & a stylish 1019-square-foot executive 2-bedroom apartment above. Recently renovated in 2021,the entire building underwent extensive upgrades including spray foam insulation, new windows, electrical rewiring, and fresh drywall throughout. Additional updates include separate hydro meters, furnaces, air conditioning units, electrical panels, gas meters, and dedicated parking spaces: 4 for the commercial unit and 3 for the residential. The executive apartment is designed for modern comfort with highlights such as pot lights, engineered hardwood flooring, quartz countertops, stainless steel appliances, a deep undermount sink, and a convenient pantry. The open-concept living and dining area features a cozy gas fireplace, while the 2 bedrooms offer ample space. The main bathroom exudes luxury with quartz countertops, double sinks, a full-size walk-in shower, and elegant ceramic tiles. Plus, enjoy the private balcony and in-suite laundry room for added convenience. On the commercial side, the unit boasts new fixtures including sink and toilet, upgraded vinyl flooring installed in 2021, and current lease expires in June 2025 (with renewal options). Seize the opportunity to own this turnkey property with a thriving commercial lease and luxurious living space! (id:31697)
| MLS® Number | H4193414 |
| Property Type | Retail |
| ParkingSpaceTotal | 7 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings |
| CoolingType | Air Conditioned |
| FireProtection | Smoke Detectors |
| HeatingType | Forced Air |
| SizeExterior | 2000 Sqft |
| SizeInterior | 2000 Sqft |
| Type | Commercial Mix |
| UtilityWater | Municipal Water |
| Surfaced |
| Acreage | No |
| Sewer | Sanitary Sewer, Storm Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 49 Ft |
| SizeIrregular | 49.02 X 100 |
| SizeTotalText | 49.02 X 100|under 1/2 Acre |
https://www.realtor.ca/real-estate/26866137/40-main-street-n-hamilton
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