174 John St S

Hamilton | Corktown | L8N 2C6
  • 5079.0 sqft
  • 0 gar

$2,100,000

Est. Mtg $7,120 /mo
  • Days on market

    70

  • Status

    A

Listing Broker ROYAL LEPAGE WEST REALTY GROUP LTD.
Since listed: 3 views

Home details

MLS #:

X11945610

Property type:
Store W/Apt/Office
Style:
Taxes:
$12,117
Possession:
FLEX
Condo Fee:
Lot Size:
66.13 X 34.62
Zoning:
C5
Use:
Heat:
Baseboard

Description


174 John St S, , Hamilton, Ontario is a Store W/Apt/Office property in Hamilton and in the Corktown community in the L8N 2C6 postal code


Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023..

Extras

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Payment calculator

$8130 monthly. In association with: TD Bank
%
  • Principal and Interest
    7120 /mo
  • Property Taxes
    $1009 /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

Jim Millis, Realtor

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