Hamilton, ON L8L 5E5,122 Victoria Avenue N
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Hamilton, ON L8L 5E5,122 Victoria Avenue N
Hamilton, ON L8L 5E5,122 Victoria Avenue N
Hamilton, ON L8L 5E5,122 Victoria Avenue N
Hamilton, ON L8L 5E5,122 Victoria Avenue N
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Listed by Jake Novis • Keller Williams Signature Realty, Brokerage
$ 1,950,000
Est. payment /mo
New

122 Victoria Avenue N Hamilton, ON L8L 5E5

9 Beds

9 Baths

6,000 SqFt


UPDATED:

11/22/2024 03:36 PM

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


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122 Victoria Avenue N