122 Victoria Avenue For Sale

Hamilton, Landsdale, L8L 5E5

$1,895,000

Description

Listed by Keller Williams Signature Realty, Brokerage.

Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request.

Location

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  • Address: 122 Victoria Avenue
  • Neighborhood: Landsdale
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8L 5E5

Property Details

  • Property ID: X10441711
  • Property Price: $1,895,000
  • Style: Multiplex, 3-Storey
  • Rooms: 27
  • Bedrooms: 9
  • Bath: 9
  • Parking Spaces: 11
  • A/C: Wall Unit
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Baseboard
  • Fireplace: N
  • Taxes: $17,254.00 (2024)
  • Lot: 156.10x54.55 (Feet)

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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