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Listed by Adam A. Ezak • Homelife Professionals Realty Inc.
$2,800,000
Est. payment /mo
7,000 SqFt
Active
26 John Street N Hamilton, ON L8R 1G9
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UPDATED:
10/16/2024 05:57 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $400
MLS Listing ID XH4206997
Abv Grd Liv Area 7,000
Originating Board Hamilton - Burlington
Annual Tax Amount $32,519
Property Description
ATTENTION INVESTORS! PRESENTING A UNIQUE OPPORTUNITY IN A KEY AREA UNDERGOING EXTENSIVE DOWNTOWN REDEVELOPMENT. THIS PROPERTY INCLUDES A 3.5-STORY BUILDING WITH 12 RESIDENTIAL UNITS AND 2 COMMERCIAL SPACES. LOCATED WITHIN WALKING DISTANCE OF KEY AMENITIES SUCH AS THE LIUNA GO STATION, PIER 4, AND ARTCRAWL, THIS PROPERTY IS IDEALLY POSITIONED FOR HIGH DEMAND.OVER $1 MILLION HAS BEEN INVESTED IN SUBSTANTIAL EXTERIOR IMPROVEMENTS, INCLUDING NEW FOUNDATIONS, FAÇADE RENOVATIONS, A NEW FIRE ESCAPE, AND REPLACEMENT WINDOWS. THE INTERIOR IS COMPLETELY GUTTED, OFFERING A CLEAN SLATE FOR CUSTOM RENOVATIONS AND THE POTENTIAL TO SET YOUR OWN RENTAL PRICES.THIS PROPERTY REPRESENTS A SIGNIFICANT OPPORTUNITY WITH GREAT POTENTIAL FOR VALUE APPRECIATION. MOTIVATED SELLER!
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning D3
Direction BETWEEN KING ST. E. AND KING WILLIAM ST.
Interior
Heating Gas Forced Air Open
Fireplace No
Exterior
Parking Features On Street
Utilities Available Available
Lot Frontage 34.58
Lot Depth 76.09
Garage No
Building
Lot Description Urban
Faces BETWEEN KING ST. E. AND KING WILLIAM ST.
Sewer Sanitary & Storm
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 171670057
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