$1,800,000
Available - For Sale
Listing ID: X10424803
17 Webber Ave , Hamilton, L8N 1W4, Ontario
| This 10-unit building includes 4 vacant units with one very large unit in position to be converted into two, presenting a clear value-add opportunity for investors. Notably, 7 of the units are separately metered, with tenants paying their own hydro, reducing operational expenses and enhancing cash flow. Exceptional investment opportunity in a prime Hamilton location! The property is situated close to all key amenities, including transit, shopping, and dining, making it highly appealing to potential tenants. A solid asset with substantial income growth potential in Hamilton's thriving rental market. |
| Price | $1,800,000 |
| Taxes: | $20310.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 17 Webber Ave , Hamilton, L8N 1W4, Ontario |
| Postal Code: | L8N 1W4 |
| Province/State: | Ontario |
| Legal Description: | Lts 12, 13, 14 & 15, Pl 397; Pt Lts 5, 6 |
| Directions/Cross Streets: | Victoria Ave S & Stinson St |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 9848.97 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Taxes Expense: | $20310 |
| Insurance Expense: | $6667 |
| Heat Expenses: | $8138 |
| Other Expenses: | $6224 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MYSAK REALTY INC. |
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|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stinson |
| Approximate Age: | 100+ |
| Tax: | $20,310 |
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