65 Mount Albion Road 1-8
Hamilton, L8K 5S5
FOR SALE
$2,399,900
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Investment
CATEGORY 121.25 x 423
LOT SIZE X14111214
MLSID Contact Us
Property Description
An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, 5 units are currently vacant and three units are tenanted, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation's clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Property Details
Address
65 Mount Albion Road 1-8
Community
City
Postal Code
L8K 5S5
Property Type
Investment, Investment
Use
Apartment
Zoning
RT-10/S-491
Lot Size
121' x 423'
Acreage
0.7 Feet
Taxes
$19,229 (2026
Heat Type
Baseboard
Water
Municipal
Parking Spaces
1
Garage Type
Other
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Listing contracted with Re/Max Real Estate Centre Inc.
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