REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,399,900
Est. payment /mo
New
65 MOUNT ALBION RD #1-8 Hamilton, ON L8K5S5
24 Beds
16 Baths
1,068 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1068
Square Footage 1,068 sqft
Price per Sqft $2,247
Subdivision 281 - Red Hill
MLS® Listing ID 40872889
Bedrooms 24
Year Built 1984
Lot Size 0.712 Acres
Acres 0.712
Property Sub-Type Condominium
Property Description
An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation's clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 16
Garage Yes
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Condominium
Virtual Tour https://www.myvisuallistings.com/vt/366535
Listed by RE/MAX Real Estate Centre Inc.
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION