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$1,988,000
Available - For Sale
Listing ID: X12441410
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.
Price $1,988,000
Taxes: $12,117.17
Tax Type: Annual
Occupancy by: Tenant
Address: 174 John Stre South , Hamilton, L8N 2C6, Hamilton
Postal Code: L8N 2C6
Province/State: Hamilton
Directions/Cross Streets: John St S / Augusta
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 5,079
Total Area Code:  Square Feet
Office/Appartment Area: 3015
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Days Open: O
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WEST REALTY GROUP LTD.

174 John Stre South , Hamilton, L8N 2C6, Hamilton


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style:
Lot Size: x 34.62(Feet)
Approximate Age:
Tax: $12,117.17
Maintenance Fee: $0
Beds: 0
Baths: 7
Garage: 0
Fireplace: N
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