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Est. payment /mo
7,644 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,644 sqft
Subdivision Waterdown
MLS Listing ID X13579598
Annual Tax Amount $10,120
Tax Year 2025
Property Sub-Type Investment
Lot Depth 123.0
Lot Front 75.0
Property 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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning C5 Mixed use
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 75.0
Lot Depth 123.0
Others
ParcelsYN No
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Listed by Royal LePage Real Estate Services Ltd., Brokerage
Nearby School & Business
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