289-293 KENILWORTH Ave N

Hamilton | Crown Point | L8H 4S8
  • 4200.0 sqft
  • 0 gar

$1,599,000

Est. Mtg $5,421 /mo
  • Days on market

    7

  • Status

    A

Listing Broker Sotheby's International Realty Canada, Brokerage
Since listed: 1 views

Home details

MLS #:

X10403678

Property type:
Sale Of Business
Style:
Taxes:
$10,181
Possession:
Flexible
Condo Fee:
Lot Size:
64.66 X 35.0
Zoning:
C5a
Use:
Heat:

Description


289-293 KENILWORTH Ave N, , Hamilton, Ontario is a Sale Of Business property in Hamilton and in the Crown Point community in the L8H 4S8 postal code


Prime investment opportunity located at one of the highest-traffic corners in the city! This fully-renovated, fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments, a strong anchor commercial tenant on the ground floor, and a brand new tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. Currently priced based on a 6.3% cap rate, this property is capable of achieving a stronger cap rate with minimal effort in the short-term. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! With significant opportunity for upside as well, this is an excellent, low-maintenance investment with a strong returns and more upside to be realized!.

Extras

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Payment calculator

$6270 monthly. In association with: TD Bank
%
  • Principal and Interest
    5421 /mo
  • Property Taxes
    $848 /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

Raymond Chin, Realtor

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