81 Hamilton St N
Hamilton, L0R2H0
UNAVAILABLE
➧
➧
Apartment
CATEGORY7,644 Sq Ft
TOTAL AREAX9311223
MLSIDContact Us
Property Description
WOW! WOW! WOW! Absolutely incredible investment property in the heart of Waterdown. This six-plex has been meticulous maintained and updated by the original owner. Each apartment is 1,250 square feet and features two bedrooms, in-suite laundry, a storage room, and more! This building is currently generating loads of income with a potential to increase revenue by 31%!! Ten parking spaces with potential to rent more from neighbouring property. Very quiet building that runs itself, landscaping, snow removal, garbage all done by the tenants. It doesn't get any more TURN-KEY than this! RSA.
Call
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
C5
Total Area
7,644 Sq Ft
Office/Apartment Area
7,644 Sq Ft
Lot Size
75' x 123'
Taxes
$8,480 (2023)
Call
Listing contracted with Re/Max Escarpment Realty Inc.,
Similar Listings
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.
Call
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.
Call
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.
Call
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.
Call
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.
Call
Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside. Financials available upon request.
Call
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged.
Call
This 10-unit building includes 4 vacant units with one very large unit in position to be converted into two, presenting a clear value-add opportunity for investors. Notably, 7 of the units are separately metered, with tenants paying their own hydro, reducing operational expenses and enhancing cash flow. Exceptional investment opportunity in a prime Hamilton location! The property is situated close to all key amenities, including transit, shopping, and dining, making it highly appealing to potential tenants. A solid asset with substantial income growth potential in Hamilton's thriving rental market.
Call
Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
Call
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.
Call
Call