Mix use building , Great Investment opportunity with projected income of over 5.5% Cap rate , consists of 1 Commercial unit on main floor and 2 residential apartments on 2nd floor. Commercial currently Leased to Vie Tea Café on a 5 year term , Residential units each consists of 2 bedrooms and 1 full bathroom , Both Residential units are vacant so you can pick your own tenants. both commercial and residential units have been extensively renovated within the past 2-3 years. Private parking at back of building
MLS# | 40707042 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 91 |
Listing Provided By | Grace Canada Realty Inc. | Omar Aziz |
SQ Feet | 3,004 |
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Story(s) | 2 |
Zoning | Commercial Retail |
Property | 1285 |
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Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L9C 2Y8 |
Area | 15 Hamilton Mountain |
Subarea | 153 Southam | Donnington |
Community Name | 153 Southam/Donnington |
Listing VS Median (in 153 Southam/Donnington) | |
Price: $999,800 low | high Med: $699,000 SqFt: 3,004 low | high Med: 1,042 $ / SqFt: $333 low | high Med: $689 On site: 91 low | high Med: 24.500000 |