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Including cabins, motel units, apartments, as well being the perfect area for camping or glamping. Use this as your full-time permanent residence with a full house attached, living and investing all in one. Paradise awaits, with the famous local Skootamatta River on the one side and the Ducks Unlimited pond on the other, you honestly have every feature you could ever desire. With over 73 acres, creating the perfect ECO friendly, vacation getaway for your guests. With unlimited activities, kayaking, canoeing, fishing, 4x4. Enjoy the scenic views of nature friends, elk, moose, deer, swans the list goes on for days. Bringing even more value, the large boutique shop on site is sure a classy draw to the area bringing people from far to visit. Quick eats, gas and LCBO 10 min down the highway. Close to everything yet in the middle of your own paradise. 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Description
13 unit – fully renovated building. 5.1 % cap rate – does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed.
Details
MLS® Number
X10406029
X10406029
Additional details
- Utilities: Yes
- Sewer: Sanitary+Storm
- Cooling: Yes
- County: Hamilton
- Property Type: Commercial Sale
- Community Features: Major Highway,Public Transit
Address
- Address 41-43 Albert Street
- City Hamilton
- State/county ON
- Zip/Postal Code L8M 2Y1