Space
Finished area and layout
- Building Area
- 8,544 sqft
- Above Grade
- 1,068 sqft (Other)
- Finished Breakdown
- Above 1,068 sqft
- Bedrooms
- 24
- Bathrooms
- 16
+30 more
24
Bedrooms
16
Bathrooms
8,544 sqft
Building Area
0.712
Lot
1984
Year Built
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
About This Property
This 24-bedroom, 16-bathroom investment in Hamilton offers 8,544 sqft of building area on a 0.712 lot. Built in 1984, 3 storeys. The property has zoned RT-10/S-491. The home features no.
MLS Remarks
An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, 5 units are currently vacant and three units are tenanted, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation's clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Inclusions
all existing appliances
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