ATTENTION INVESTORS! PRESENTING A UNIQUE OPPORTUNITY IN A KEY AREA UNDERGOING EXTENSIVE DOWNTOWN REDEVELOPMENT. THIS PROPERTY INCLUDES A 3.5-STORY BUILDING WITH 12 RESIDENTIAL UNITS AND 2 COMMERCIAL SPACES. LOCATED WITHIN WALKING DISTANCE OF KEY AMENITIES SUCH AS THE LIUNA GO STATION, PIER 4, AND ARTCRAWL, THIS PROPERTY IS IDEALLY POSITIONED FOR HIGH DEMAND.OVER $1 MILLION HAS BEEN INVESTED IN SUBSTANTIAL EXTERIOR IMPROVEMENTS, INCLUDING NEW FOUNDATIONS, FAÇADE RENOVATIONS, A NEW FIRE ESCAPE, AND REPLACEMENT WINDOWS. THE INTERIOR IS COMPLETELY GUTTED, OFFERING A CLEAN SLATE FOR CUSTOM RENOVATIONS AND THE POTENTIAL TO SET YOUR OWN RENTAL PRICES.THIS PROPERTY REPRESENTS A SIGNIFICANT OPPORTUNITY WITH GREAT POTENTIAL FOR VALUE APPRECIATION. MOTIVATED SELLER!
MLS# | XH4206997 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 33 |
Listing Provided By | Homelife Professionals Realty Inc. | Adam A. Ezak |
SQ Feet | 7,000 |
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Units | 14 |
Zoning | D3 |
Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L8R 1G9 |
Area | 14 Hamilton Centre |
Subarea | 140 Beasley |
Community Name | 140 Beasley |
Listing VS Median (in 140 Beasley) | |
Price: $2,800,000 low | high Med: $2,950 SqFt: 7,000 low | high Med: 864 $ / SqFt: $400 low | high Med: $3 On Site: 33 low | high Med: 39.5 |