81 HAMILTON STREET N
Hamilton (Waterdown), Ontario
MLS® X13579458
$2,999,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13579458
- Bedrooms
- 12
- Bathrooms
- 12
- Year built
- —
1 / 26Listing description
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential. Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry.
The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement.
This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
Property summary
- MLS® number
- X13579458
- Property type
- Multi-family
- Building type
- Other
- Land size
- 75 x 123 FT
- Annual property taxes
- $10,120.00
- Parking
- 10 spaces · No Garage
- Days on market
- 41 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Finished, Full, Separate entrance, Walk out, N/A, N/A
- Appliances
- Water meter
- Exterior features
- Brick
- Community features
- Community Centre
What would this home cost you?
Based on the $2,999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage, OAKVILLE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.