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.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
5079 sq. ft. Square Feet
Total Area:
5,079 sq. ft.472 m2
Retail Area:
2064 sq. ft. Sq Ft
Office/Apt Area:
3015 sq. ft. Sq Ft
Depth:
34'7½"10.6 m
Frontage:
66'1½"20.2 m
Bathrooms:
7.0
Water supply:
Municipal
Zoning:
C5
Heating type:
Baseboard
Garage:
None
Possession Details:
FLEX
HST Applicable To Sale Price:
Call LBO
Type Taxes:
Annual
Taxes:
$12,117.17 /
2024
Assessment:
$- /
-
Hamilton
Corktown
Hamilton
Public Transit, Recreation/Community Centre
No
2 HWT's - $80.00 / month total
All existing appliances and chattels owned by the landlord but having to do with the business.
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