21 Wellington St N

Hamilton | Beasley | L8R 1M7
  • 13916.0 sqft
  • 0 gar

$4,299,000

Est. Mtg $14,577 /mo
  • Days on market

    72

  • Status

    A

Listing Broker SOTHEBY`S INTERNATIONAL REALTY CANADA
Since listed: 0 views

Home details

MLS #:

X9343255

Property type:
Investment
Style:
Taxes:
$58,708
Possession:
Flexible
Condo Fee:
Lot Size:
132.27 X 151.19
Zoning:
D3 - Downtown Mixed Use
Use:
Heat:
Gas Forced Air Closd

Description


21 Wellington St N, , Hamilton, Ontario is a Investment property in Hamilton and in the Beasley community in the L8R 1M7 postal code


Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!.

Extras

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Payment calculator

$19469 monthly. In association with: TD Bank
%
  • Principal and Interest
    14577 /mo
  • Property Taxes
    $4892 /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

Mimmo Galatti, Realtor

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