ON > Hamilton
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
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Elevated & Co. Realty RE/MAX Escarpment Realty Inc.

Elevated & Co. Realty RE/MAX Escarpment Realty Inc.

+1(905) 971-6777
$ 4,000,000
Est. payment | /mo

25 Beds

20 Baths

17,150 SqFt

Save
$ 4,000,000
Est. payment | /mo
Save

25 Beds

20 Baths

17,150 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 17,150 sqft

Price per Sqft $233

MLS Listing ID 40723183

Bedrooms 25

Abv Grd Liv Area 17,150

Originating Board Hamilton - Burlington

Annual Tax Amount $39,037

Property Sub-Type Apartment

Property Description

THIS 20 UNIT MULTIPLEX APARTMENT BUILDING PRESENTS A PRIME INVESTMENT OPPORTUNITY, FEATURING 15 ONE-BEDROOM UNITS AND 5, TWO-BEDROOM UNITS. EACH TENANT PAYS THEIR OWN HYDRO, ADDING TO THE INVESTMENT APPEAL. THE BUILDING IS EQUIPPED WITH THERMAL WINDOWS AND IS CONVENIENTLY LOCATED WITHIN WALKING DISTANCE OF SCHOOLS, SHOPPING CENTERS, AND RESTAURANTS, CATERING TO ALL YOUR TENANTS' NEEDS. SITUATED IN A PRIME LOCATION, THIS THREE-STOREY WALK-UP OFFERS SUBSTANTIAL UPSIDE POTENTIAL WITH 12 VACANT UNITS READY FOR RENOVATION. THIS SOLID INVESTMENT PROPERTY ALLOWS FOR REPOSITIONING TO ACHIEVE MARKET RENTS. DON'T MISS OUT ON THIS RARE CHANCE TO MAXIMIZE CASH FLOW AND EQUITY GROWTH!

Location

Province ON

County Hamilton

Area 23 - Hamilton East

Zoning E

Direction Bernard St./Melvin Ave.

Rooms

Basement None

Kitchen 0

Interior

Heating Radiant

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated, Shared

Exterior

Roof Type Flat

Lot Frontage 70.0

Lot Depth 245.0

Garage No

Building

Lot Description City Lot, Place of Worship, Public Transit, Schools, Shopping Nearby

Faces Bernard St./Melvin Ave.

Story 3

Foundation Block, Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 172880037

Ownership Freehold/None

Listed by Homelife Professionals Realty Inc.
agent-avatar

Elevating Your Journey Home

+1(905) 971-6777

hello@elevatedandco.ca

502 Brant St, Burlington, ON, CAN

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