41-43 Albert St

Hamilton, L8M2Y1
For Sale
$3,700,000
41-43 Albert St, Hamilton
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
41-43 Albert St
Apartment
CATEGORY
9,117 Sq Ft
OFFICE/APT AREA
X10406029
MLSID
Contact Us
Property Description
13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed.
Property Details
Category
Apartment
Usage
Apts-13 To 20 Units
Zoning
D/S-1822
Office/Apartment Area
9,117 Sq Ft
Lot Size
100' x 45'
Taxes
$4,485 (2024)
Air Conditioning
Yes
Listing contracted with Mysak Realty Inc.
Similar Listings
4049 Hwy 6, Hamilton
Apartment
$2,999,000
FOR SALE
This exceptional 10-acre property offers unparalleled potential for investors, developers, and businesses alike.Strategically located with high visibility on a major highway, it boasts easy access to the airport, distribution centres, and essential amenities.Originally comprising three houses and two additional units, the property has undergone a complete transformation. A fresh coat of paint, a striking stucco exterior, and extensive exterior grading have created a modern and elegant appeal. A secure gated entrance, private fenced yard, and the serene backdrop of a nearby ravine enhance the property's allure.The property's core features include two modern, free-standing buildings housing five versatile units. These units are perfect for a variety of commercial uses, including offices, retail, warehouses, and light industrial operations. Ample parking, modern infrastructure, and flexible floor plans cater to diverse business needs.Conveniently located near shops, grocery stores, and the airport, this property offers exceptional accessibility. Its versatile layout presents endless possibilities for commercial or residential development, such as a multi-family complex, boutique hotel, or mixed-use project.Seize this opportunity to create a thriving business hub or a remarkable investment.
1877 Rymal Rd E, Hamilton
Apartment
$2,795,000
FOR SALE
1877 Rymal Road, is strategically located, 90 ft of frontage x 203 ft (total lot coverage of 18352) road has been widened, services are located in front of property, this parcel is zoned Mixed Use Medium Density Zone, Mid Rise Residential Zones are typically on the periphery of neighborhoods along major streets, permitting uses like stacked townhouses, block townhouses, or apartment buildings to a maximum range of 6-12 storeys depending on location. The Urban Hamilton Official Plan designates the property as Mixed Use Medium Density , Schedule E-1 Urban Land Use Designations. Mixed use multiple dwellings are permitted , Mid Rise Residential refers to multiple housing types, including, back-to-back and stacked townhouses and apartment or condo buildings.
89 Mount Albion Rd, Hamilton
Apartment
$4,700,000
FOR SALE
Rarely offered purpose-built legal 8-Unit investment property on a premium corner lot in the highly sought-after Red Hill area of Hamilton !! The building boasts a fantastic suite mix of 8 condo Townhomes: 4 x 2 Bedrooms & 4 x 3 Bedrooms ranging from 835 Sq.Ft. to 1035 Sq.Ft. Full Basements, Fully rented with upwards income potential!! Addresses: 89,91,93,95,97,99 & 101 on Mount Albion & 2 Cherry Hill Ave. Tenants Pay All Utilities. Separate Utility Meters. This turnkey 8-Unit Building has been well cared for with a new Roof in 2016, Windows done in 2010, All Furnaces are new & high efficiency, new Parking Lot. 12 Parking and 2 Garages. Rental Water Heaters. Gross Income of $ 220,000 with potential to rise in future. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. Don' t miss this exceptional investment opportunity with strong cash flow and long-term upside.
353 Queenston Rd, Hamilton
Apartment
$2,650,000
FOR SALE
Unlock the full potential of this prime investment opportunity, currently underutilized, and ready to flourish under new ownership. Discover the hidden value within this property, featuring 3 commercial units, 6 apartment units, and a versatile banquet hall space, all waiting to be maximized for optimal returns. Strategically positioned along the LRT transit corridor with a mix-use medium density zoning, this property offers an array of possibilities for expansion and enhancement. Corner Property With 122' Frontage Exposure On Queenston Rd And Ample Parking Spaces. Easy Access To Red Hill Parkway And QEW. Floor Plan Available.
750* Main St E, Hamilton
Apartment
$2,600,000
FOR SALE
With its prime Main Street location on a corner lot and updated suites, this apartment building represents a lucrative investment opportunity. Very close distance to parks, shopping, and Gage Park. The building recently had major capital expenditures completed, including roof replacement, plumbing upgrades, exterior painting, boiler plant replacement, and suite turn overs.
777 Beach Blvd, Hamilton
Apartment
$2,500,000
FOR SALE
Beachfront multi-residential building with spacious modern units, built in 2022. Perfect for Airbnb or long-term rental, this building features 5 units with views of the water. Two 1 beds / two 2 beds and a bachelor. Each unit is separately metered for Hydro, Gas and includes individual HVAC units, in-suite laundry, large bedrooms and balconies. Only steps to the beach and close to all amenities including hwys, shopping malls, trails, and parks.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1379682286