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    16 S Strathcona Ave

    Hamilton, ON L8P 4H9
    • $1,249,000
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: X5306967
    UPDATED: 25 min ago
    $1,249,000
    • 0
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    County:
    Area:

    Description

    This Beautiful Grad Student Rental Property Offers Huge Cashflow (Over $5500/Month W/4.5% Cap), W/Added Benefit Of Zoning For Up To Five Units. Community Support & Conditional Site Plan Approval Were In Place. Location And Rentability Are Second To None - On Lrt Route! Has Commercial Fire Alarm, Basement Walk-Out, Etc. Great Opportunity To Purchase A Strong Cashflow With Excellent Tenants And Turnkey Development Project At The Same Time.

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    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-07-27T21:40:34.363.
    www.foresthillbarrie.com/homes/119296598
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    16 S Strathcona Ave Hamilton, ON L8P 4H9

    • Price: $1,249,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: X5306967
    0
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighbourhood:
    Strathcona
    County:
    Ontario
    Area:
    Hamilton
    Property Description
    This Beautiful Grad Student Rental Property Offers Huge Cashflow (Over $5500/Month W/4.5% Cap), W/Added Benefit Of Zoning For Up To Five Units. Community Support & Conditional Site Plan Approval Were In Place. Location And Rentability Are Second To None - On Lrt Route! Has Commercial Fire Alarm, Basement Walk-Out, Etc. Great Opportunity To Purchase A Strong Cashflow With Excellent Tenants And Turnkey Development Project At The Same Time.
    Exterior Features

    Area Influences Public TransitRec Centre Freestanding Yes Garage Type None Lot Depth 104.00 Lot Front 38.00 Lot Size Code Feet Parking Spaces 4

    Interior Features

    Air Conditioning Y Basement Y Elevator None Heat Type Gas Forced Air Open Retail Area 0 Retail Area Code Sq Ft Total Area 3500.00 Total Area Code Sq Ft

    Property Features

    Approx Age 100+ Assessment 395000 Assessment Year 2021 Category Apartment Commercial Type Investment Cross Streets King Street West Financial Statement Yes List Price Type For Sale Lot Code Building Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sprinklers N Tax Year 2021 Taxes 4783.84 Taxes Type Annual Use Apts-2 To 5 Units Utilities Y Water Municipal Zoning Special Zoning - See Supplements

    Listing courtesy of Sotheby`S International Realty Canada, Brokerage.
    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-07-27T21:40:34.363.
     
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    54 Cedar Point Drive Unit 1207
    Barrie ON, L4N 5R7