$1,900,000
Available - For Sale
Listing ID: X12040770
754 Main Stre East , Hamilton, L8M 1L1, Hamilton
| Three-storey mixed-use building featuring two retail units on the main floor (1,500 sq. ft. each) and seven residential apartments above. The frame construction is in good condition, with many recent updates and renovated units. The residential mix includes 1 bachelor, 4 one-bedroom, and 2 two-bedroom apartments. Strong existing cash flow with reliable, long-term tenants. The ground-floor retail units have been occupied by established businesses for decades. Excellent opportunity for first-time investors, with approximately 30% upside potential in rental income |
| Price | $1,900,000 |
| Taxes: | $7690.70 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 754 Main Stre East , Hamilton, L8M 1L1, Hamilton |
| Postal Code: | L8M 1L1 |
| Province/State: | Hamilton |
| Legal Description: | Lot 1, Plan 466 |
| Directions/Cross Streets: | Main and Sherman |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4784.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Net Income Before Debt: | $133335 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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| COMMERCIAL FOCUS REALTY INC. |
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Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Blakeley |
| Tax: | $7,690.7 |
| Fireplace: | N |
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