211 York Rd
Hamilton, L9H1M9
For Sale
$10,999,000
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Apartment
CATEGORY34,506 Sq Ft
TOTAL AREAX7395424
MLSIDContact Us
Property Description
39 RESIDENTIAL UNITS, PLUS 4 COMMERCIAL UNITS IN SOUGHT AFTER, DUNDAS! This property is situated at the corner of York Road and Watsons Lane, overlooking Lake Jojo, and offers over 35,000 square feet of residential and commercial space. The ground floor has been newly renovated into 17 studio apartments, a commercial kitchen, plus 3 commercial units. 63% of commercial space has been leased, long-term at market rent. The second floor offers 22 apartment units (20- 2 bedroom, 2-1 bedroom), leased below market rents and with lots of upside for the next owner. Attractive financing available through CMHC, as this property offers over 70% residential use. Two parking lots and over 50 parking stalls. Proforma available upon request.
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Property Details
Category
Apartment
Usage
Apts-Over 20 Units
Zoning
12
Total Area
34,506 Sq Ft
Office/Apartment Area
27,002 Sq Ft
Retail Area
7,504 Sq Ft
Lot Size
333' x 218'
Taxes
$84,929 (2023)
Air Conditioning
Yes
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Listing contracted with Re/Max Escarpment Realty Inc.,
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