514 King St E
Hamilton, L8N2V9
UNAVAILABLE
➧
➧
Apartment
CATEGORY8,000 Sq Ft
TOTAL AREAX5058568
MLSIDContact Us
Property Description
514 King Street East And 6 Tisdale Street South Two Adjacent Four Storey Apartment Buildings Exceptional Suite Mix With Family-Sized Units. Retrofitted Buildings (2016) - Condo-Quality Upgrades. Well-Located Buildings In Downtown Hamilton - Proximity To Go Station. Utility Efficiency - Separately Metered For Water, Gas And Hydro. Approximate 5% Cap Rate On Asking Price
Call
Property Details
Category
Apartment
Zoning
Toc1
Total Area
8,000 Sq Ft
Lot Size
80' x 100'
Taxes
$73,622 (2020)
Air Conditioning
Yes
Call
Listing contracted with Avison Young Commercial Real Estate (Ontario), Brokerage
Similar Listings
Rare and spectacular investment opportunity offered at a true 6.7% cap rate and only $230k per unit! This fully-rebuilt property is comprised of 36 beautiful apartments (24 X 1-bed, 12 X 2-bed) in two buildings. All units are separately metered for hydro and water, so the landlord pays nothing but house hydro! Completely rebuilt with permits in the last 5 years, this low-maintenance property boasts new plumbing, electrical, HVAC, kitchens, bathrooms, windows, fire and security systems, roof, and more! No elevators, parking lots, or balconies to worry about. Just enjoy the incredible cashflow and strong appreciation. Further upside may be realized by renting the new storage lockers to tenants. Situated on the future LRT transit route, this beautiful property is close to everything. Full data room is available for easy diligence - including a recent clean Phase 1 Environmental. This fully-leased property is being offered at this price for a very limited time for a quick sale. This will sell quickly - it is the best value on the market today!
Call
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.
Call
LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished basement with 4 more retail/ office units. All the units are fully rented providing a Gross Income of 397K annually supporting a Capitalization rate of 6.5%. This is an Absolute Must See. R.S.A
Call
Call