14 Duke St

Hamilton | Corktown | L8P 1X1
  • 9927.0 sqft
  • 0 gar

$4,799,900

Est. Mtg $16,275 /mo
  • Days on market

    95

  • Status

    U

Listing Broker COSMOPOLITAN REALTY
Since listed: 2 views

Home details

MLS #:

X9009437

Property type:
Investment
Style:
Taxes:
$33,848
Possession:
60-89 Days
Condo Fee:
Lot Size:
59.48 X 150.06
Zoning:
E-1/S-704 & E-1/S-704a
Use:
Apts-6 To 12 Units
Heat:
Gas Forced Air Closd

Description


14 Duke St, , Hamilton, Ontario is a Investment property in Hamilton and in the Corktown community in the L8P 1X1 postal code


CMHC Qualifying Prime Mixed-Use Investment Property Located in High-End South Downtown Durand Neighborhood. Property features luxury residential and Medical Office with former plastic surgery suite, making it an excellent investment opportunity. Offers an excellent CAP rate with substantial net operating income. Vacant possession to achieve highest possible income for residential. Luxury Residential Units (2nd & 3rd floor): 10 turn-key luxury apartments, including 2 bachelor units, 6 one-bedroom units, and 2 two-bedroom units. Ideal rental location for healthcare professionals and professionals commuting to Toronto by GO Train or Bus from station one block south. Medical office: Ground floor commercial space (2,724 SF) currently used as a high-end medical clinic. CMHC Financing: Property qualifies for CMHC financing. Excellent Rental Location: Proximity to major amenities including McMaster University, St. Josephs Hospital and lots of Medical establishments, and Hamilton GO Station. Potential to convert commercial space into additional residential units, maximizing rental income. Recent upgrades include new AC units, window replacements, fiber optic, electronic access, and upgraded security. With mortgage rates expected to decrease soon, now is the ideal time to secure this fantastic deal. Seize this outstanding investment opportunity in a premium location..

Extras

Sales Brochure attached as a Supplement.



Payment calculator

$19096 monthly. In association with: TD Bank
%
  • Principal and Interest
    16275 /mo
  • Property Taxes
    $2820 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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