122 Victoria Avenue N new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8L 5E5
Key Details
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $325
MLS Listing ID 40679781
Bedrooms 9
Abv Grd Liv Area 6,000
Originating Board Oakville
Annual Tax Amount $17,254
Property Description
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.
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning D
Direction Main St E to Victoria Aenue N
Rooms
Basement None
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters,Other
Heating Natural Gas,Radiator
Cooling Ductless,Wall Unit(s)
Fireplace No
Laundry Coin Operated,In-Suite
Exterior
Exterior Feature Awning(s),Balcony,Separate Hydro Meters
Waterfront No
Roof Type Asphalt
Lot Frontage 54.55
Lot Depth 156.1
Garage No
Building
Lot Description Rectangular,City Lot,High Traffic Area,Highway Access,Park,Public Transit,Shopping Nearby
Faces Main St E to Victoria Aenue N
Story 3
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 171820130
Ownership Freehold/None