ON > Hamilton (crown Point) > Crown Point
Hamilton (crown Point), ON L8H4S8,289-293 KENILWORTH AVENUE N
Hamilton (crown Point), ON L8H4S8,289-293 KENILWORTH AVENUE N
Hamilton (crown Point), ON L8H4S8,289-293 KENILWORTH AVENUE N
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,799,000
Est. payment /mo
4,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $428

Subdivision Crown Point

MLS® Listing ID X12089960

Originating Board The Oakville, Milton & District Real Estate Board

Property Description

Incredible low-maintenance investment offered at a massive 6.6% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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Listed by Sotheby's International Realty Canada, Brokerage

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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