233 Victoria Av N - Apartments FOR SALE


Hamilton, ON L8L 5G3
$1,399,000 CAD
866-530-7737
233 Victoria Av N, Hamilton, ON for Sale
$1,399,000 CAD
Apartments - FOR SALE
1/4
null | 6.05% Cap Rate

233 Victoria Av N
Hamilton, ON L8L 5G3


HIGHLIGHTS

  • Renovated in the last 3 years
  • Laundry is coin operated
  • Proximity to public transit

OVERVIEW

Lucrative investment opportunity at 233 Victoria Ave N. This is a LEGAL, turn key 6 unit apartment building. This property underwent extensive renovations within the last 2-3 years including kitchens, bathrooms, flooring and MORE. This property features a suite mix of 4 x 1-bedrooms, and 2 x 2-bedrooms, that are currently tenanted with AAA young professionals. Laundry is coin operated in the basement of the building. This property also features an ASSUMABLE CMHC MORTGAGE with an interest rate of 4.32%, maturing in 2028 with a cap rate of 5.5%-5.75%.

FOR SALE DETAILS

PRICE

$1,399,000 CAD

PRICE/SF

$370 CAD /SF

# OF UNITS

6

PRICE/UNIT

$233,167

CAP RATE

6.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,579 SF

ZONING

D

APN/PARCEL ID

251803021600790

ASK ABOUT THIS PROPERTY

Adrian PannozzoExecutive Properties Inc.More Info
866-530-7737

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Adrian PannozzoExecutive Properties Inc.More Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.