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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$13,954 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.