Lucrative investment opportunity at 233 Victoria Ave N. This is a LEGAL, turn key 6 unit apartment building. This property underwent extensive renovations within the last 2-3 years including kitchens, bathrooms, flooring and MORE. This property features a suite mix of 4 x 1-bedrooms, and 2 x 2-bedrooms, that are currently tenanted with AAA young professionals. Laundry is coin operated in the basement of the building. This property also features an ASSUMABLE CMHC MORTGAGE with an interest rate of 4.32%, maturing in 2028 with a cap rate of 5.5%-5.75%. See attached feature sheet for full financial details on your next investment property! |
Price | $1,539,000 |
Taxes: | $4914.02 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 233 Victoria Ave North , Hamilton, L8L 5G3, Ontario |
Postal Code: | L8L 5G3 |
Province/State: | Ontario |
Lot Size: | 33.25 x 134.50 (Feet) |
Directions/Cross Streets: | Victoria Ave N & Barton St E |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 3777.00 |
Total Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Outside Storage: | N |
Heat Type: | Elec Forced Air |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Landsdale |
Lot Size: | 33.25 x 134.50(Feet) |
Tax: | $4,914.02 |