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BEDROOMS6
BATHROOMS6
KITCHENS1
ROOMSX7241862
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-23 | 2024-05-31 | 225 | $1,750,000 | - | Expired |
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Property Description
Attention Investors: Discover The Perfect Investment Opportunity In The Small Hamlet Of Freelton. Offering Not One, But Two Meticulously Maintained Multiplex Buildings With (5 X 2-Bedroom Units, 1 X 1-Bedroom Unit). Located In A Prime Location That Is Perfectly Situated For Ease Of Access To Major City Centers, Making It An Appealing Choice For Tenants. This Rare Offering Boasts A Combination Of Great Rental Income, Incredible Convenience, And A Unique Bonus In The Form Of A Solar Panel Contract, Making It An Investor's Dream. Located Just Off Hwy 6, 18-Minute Drive To Guelph's East End Industrial Park, 25-Minute Drive To Hamilton City Centre, 25-Minute Drive To Cambridge And Easy Access To Hwy 401 (15-Minute Drive).
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Similar Listings
Hamilton downtown is thriving, often compared to Brooklyns vibrant resurgence! Investors looking for high rental income and a landmark development opportunity will find it at 657, 659, and 663 King Street East, Hamilton, two buildings with three 911 addresses being sold together. Zoned TOC1, these sites offer potential for a 12-story mixed-use commercial and residential project featuring 64 luxury condos. Located just 100 meters from a planned LRT station, the combined land parcel spans approximately 8,102 square feet on bustling King Street/Wentworth Street, with 74.9 feet of frontage, 110 feet of depth, and a convenient rear exit. This site is ideal for luxury condos, senior-friendly housing, student accommodations, or a bar and restaurant to meet strong market demand. Currently, the buildings include 16 apartments and a popular bar on the main floor. Buyers are encouraged to conduct due diligence regarding zoning, usage, and development potential, as the properties are sold as-is. Viewings are by appointment only. The listing price is negotiable, and the seller is open to a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss out on this prime investment opportunity in Hamilton dynamic downtown!
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